Absentee Owned Multi-Unit Art/Painting Studio Fran

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$950,000 $1,974,000

Retail: Art, Photography, Accessories

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RE: Absentee Owned Multi-Unit Art/Painting Studio Fran Broker: Shathi Govender

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,974,000
Net Profit: Not Disclosed
Cash Flow: $297,874
Total Debt: Not Disclosed
FF&E: $280,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 595544107
Broker Reference #: 76931-706616

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Business Overview:

Multi-Unit leading franchise business offering painting sessions that are designed to be fun art, not fine art. The business offers tutorials to enjoy step-by-step instructions with experienced and enthusiastic local artists in a colorful and casual party atmosphere. The locations of these businesses are in very busy strip malls with a buildout cost in excess of $1M excluding the franchise costs of $140K. These businesses are absentee-owned.

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Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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