Paint & Sip Business

Not Disclosed, FL
Martin County

Treasure Coast

Asking Price: Annual Revenue:
$170,000 $320,154

Recreation: Entertainment

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RE: Paint & Sip Business Broker: Bob Leone
Owner Financing is Available!
Seller Loan: $50,000. Mos: 60. Rate: 8%. Mo Pmt: $1,013.82

Quick Facts

Asking Price: $170,000
Annual Revenue: $320,154
Net Profit: Not Disclosed
Cash Flow: $79,535
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 12
BBN Listing #: 144511185
Broker Reference #: 170-08378

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Business Overview:

Exciting and fun opportunity to own a premier and profitable paint and sip biz located on the Treasure Coast. Conveniently located in a busy shopping plaza with plenty of parking. This established business is a favorite for anyone who is looking for a fulfilling experience and financial independence. It combines art and a social fun environment and DOES NOT require artistic talent to own. Fun to run with artists already in place. The business offers a wide range of painting parties, providing a fun and entertaining experience in a studio where your customers can bring their own beer and or wine or buy yours. Fun for women, children, men, corporations, and fundraising organizations. If you ever really wanted to enjoy the work you do, this is the business for you. Numbers reflect owner operator with no manager. There is a $7500 franchise transfer fee and a $1000 landlord transfer fee. Financing based on 24 month balloon payment amortized over 60 months. Tax Return available. May qualify for visa.

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Property Features and Assets:

Inventory: $3,000 (included in the asking price. Lease/Month: $5,050. Square Footage: 3,090. Building Type: Strip Plaza. Terms & Options: One 5 year option. Expiration Date: 4/30/2020. Leasehold: $150,000

Reason for Selling:

Owner has other businesses

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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