Paint & Sip Art Studio, North NJ

Essex County, NJ

Paint & Sip Art Studio, North NJ
Contact Seller

Asking Price: $70,000

Cash Flow: N/A

Gross Revenue: $134,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,550 /Month

Established: 2016

Paint & Sip Art Studio, North NJ

Save Print Share Valuation Report

Business Description

Paint & Sip Art Studio, North NJ - For sale from OWNER

We are a branch of NJ’s premier art and wine studio for BYOB art classes. We offer private parties (birthdays -both adults & kids, bachelorettes, baby showers etc) on-site/offsite corporate events, team building activities and fundraiser events as well as public classes

Our handpicked artists guide our customers through the creative process and help them complete their art work. We have a very good team of instructors who are both talented artists and amazing party hosts who deliver the best experience to a huge variety of customers.

We are located in one of the best small towns of North Jersey with a high per capita income and ethnically diverse & art loving population. The school system is great and we have just signed contracts (in July 2019) to work with 5 schools in the district for their Fall After School Programs which supports not only the turnover for the business but also the reputation among local families.

Our business's sales, marketing & operation mostly depends on digital media. We have a very active Facebook Page with 5300+ followers, 500+ 5 star reviews on Yelp, Facebook, Groupon and Google and a very well established infrastructure to manage our calendar of events, online payments and customer relations.

We are an active member of the community;
- Attending and hosting Chamber of Commerce Events,
- Collaborating with other local businesses
- Participating actively in side walk sales, town events (Girls Night out events, Halloween trick or treat in downtown, towns winter walk, fundraising events, snow parade etc .) and street fairs
- Contributing to all fundraising events, raffles, baskets with Gift Cards and donations in and around the town

Name recognition is a key element to the potential of the business. And in the last 3,5 years we have built a top of mind awareness among our target audience by continuous marketing and networking efforts, being active in the community, e-mailing to local groups and posting regularly on local Facebook group pages, sending out weekly emails to our customer database. Customer Lists from business systems, newsletter subscriptions, and social media followers are included in the assets.

Our paint & sip business is a great option to fulfill your passion of having your own business and being able to spend time with your family and friends. It is flexible in every way. If you have kids, you have the opportunity to bring your kids to work with you and get them involved and help cultivate their creative side.

This is a great opportunity to buy an already established turn key business with a great reputation and promising potential for which hiring, marketing, networking investments are already done. In a great location with a lower rent compared to other similar studios. It is a ”Happy Business” that you will enjoy plus the community appreciates a lot an art studio in town. Working hours are flexible and very limited need for the owner to be on site.

Detailed Information

Location:
Essex County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,027
Lease Expiration:
7/8/2020
Employees:
6
Facilities:
Studio is a space of approx. 1027 sq. ft. decorated inline with the main brand guidelines Assets include furniture & fixtures (Tables, chairs, front desk, cubbies, coat hangers, small and big black boards, shelves) Kitchenette with sink, cabinets, counter top, dish washer & wine chiller 100+ class sample paintings all with instructions & some with tracings. All art supplies (easels, brushes, water cups, aprons etc.) Technical Eqpmt; I-pad with square payment tool, sound system with speakers and receiver, laptop, printer and camera.
Competition:
We are 25 minutes away from major competition. We are in between both highways and on NJ transit rail route so we are easy to access. Our studio boasts 5 star customer service ratings on all of the major sites and has an established customer base and brand recognition. Our paintings are expertly selected by our artist community and vetted by our customers. Our unique approach during the classes, the quality of our paintings and superior customer service sets us apart from competition.
Growth & Expansion:
Expand your off site event potential by going mobile. Actively market to stay at home moms in and around town. Utilize the studio during the day time. Expand the corporate sales efforts. This business is great for a very hands on owner. No need to be an artist to own the place (neither the current owners are) but being an artist and running the classes yourself will remarkably increase the profit. You can always ad new art and crafts ideas, new variety of events to use the space, collaborate with Summer Camps, town recreational committee etc.
Support & Training:
Current owners are ready to consult about the management, processes & operations. The franchisor also gives continuous IT and marketing support
Reason for Selling:
Changes in Personal Health.
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Bahar Ozocak

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1659277 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


PickUp USA Fitness

Franchise Opportunity In NJ
Cash Required: 300000