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Established Paint And Sip Business For Sale
Location: United States -> Illinois -> Highland Park
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This is an exciting opportunity to own a turn-key business in the paint and sip & entertainment industry that is geared for continued growth and is located in a highly desirable location of Illinois. This premier paint and sip destination business requires no artistic talent to own. The ideal owner is someone who wants to own a rewarding paint and wine business; someone who has the motivation of an entrepreneur and the drive of an entertainer. It is perfect for a 2nd career transition. Join one of the fastest-growing franchise models in the country and buy an established business that is fun to run. By investing in this business, you will have the established name, logos, products, marketing, business-running software, furniture, decor, signage and inventory to get you started.

First floor offers seating up to 64 which can be divided into three sections plus a lower level that could hold another 30 seats easily. Space includes a lounge, front desk & greeting area, large window display, two bathrooms, event service stands in both front and back, speaker system, a kitchen & supply storage area with multiple sinks, ice maker, dishwasher, refrigerator and counter space.

Territory contains corporate and residential areas including 6 of the top 25 cities in Illinois for average household income. Studio resides within an upscale outdoor shopping district filled with restaurants and specialty retailers designed for those with disposable income. Highland Park is ranked 11th in average household income. It is close to public parking and the Metra North line. Direct competitors within 15 mile radius are Tipsy Paint, Pinot's Pallet (Glennview) and Artist & Heart (Libertyville). Closest indirect is the Highland Park Art Center.

There are no claimed franchise territories directly north and west of the Highland Park territory. Recent merger with larger franchise, Painting With A Twist, promises even greater re

Asking Price: $70,000. Contact information: 847-454-6592


Financials

Asking Price Range:  < $250K
Gross Revenues:   $61,000
Cash Flow:   $61,000
Cash Flow Type:  EBITDA
Inventory:  $10,130
Seller Financing:  Not Disclosed

About The Business

Year Established:  2017
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  The current owner will provide two weeks of on-site training and a MAC Book Pro with installed Web based business (NCR) as well as ActiveCampaign and Pandora. In addition, the Franchisor requires one week of on-site training at its national HQ all to assist in a smooth transition.
Reason For Selling:  Both co-owners have other full-time jobs that require their full attention.




Print Listing Id: 700333629
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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