Independent Sip and Paint Studio

Unionville, CT (Hartford County)

Seller Financing Available
Independent Sip and Paint Studio
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Asking Price: $93,500

Cash Flow: $40,000

Gross Revenue: $140,000

EBITDA: N/A

FF&E: $43,000

Inventory: $2,000

Rent: $13.75 /Month

Established: 2014

Independent Sip and Paint Studio

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Business Description

Urban Chic Social Art Studio For Sale

This is an exciting opportunity to own a turn-key independent and upscale paint and sip studio that is positioned for continued growth. The ideal owner is someone that wants to own and operate a rewarding and fun paint and sip studio. Marketing skills and a high energy level can grow this business dramatically. Business has established name in the community, logos, website, social media presence, products, furniture, décor, signage and inventory.

- Opened in April 2015, located in renovated old mill building with high ceilings, abundance of windows, brick interior and sits alongside the Farmington River walking and bike path.
- Studio seats up to 50 people, standing room 100. 1,600 sq ft.
- Bar complete with back bar refrigerator, 3 bay sink with glass cleaner, ice bin.
- Gross income average 140,000 annually.
- Studio currently offers public painting events Thursday – Sunday, Open DIY studio events, private painting parties (kids birthdays, corporate team building, adult celebrations parties).
- Studio/venue rental income for non-painting parties
- Studio currently offers painting on stretched canvas, reclaimed wood, glassware, t-shirts, 3D art, vision boards. Additional options are added periodically.
- Over 100 original paintings
- Customer base currently Farmington Valley, Bristol, Plainville, New Britain.
- Established partnerships with various artists to earn % of commissioned work.
- Marketing Plan developed
- Point of Sale system
- Website/online registration
- Operations Manual developed
- Training/transition/consulting include with sale of business.

Detailed Information

Location:
Unionville, CT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
5/31/2020
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
located in renovated old mill building with high ceilings, abundance of windows, brick interior and sits alongside the Farmington River walking and bike path. (Home Based)
Competition:
unique independent art studio in the heart of the Farmington Valley offers variety of services other paint bars do not offer.
Growth & Expansion:
expanding the hours of operation will grow the business and easily expand revenue.
Financing:
negotiable
Support & Training:
4 week training/transition/consulting include with sale of business.
Reason for Selling:
Work/life balance
Home-Based:
This business is Home-Based
Business Website:
http://sceneartbar.com
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Business Listed By:
April Raymond

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