Wine, Paint and Friends - Now, here's a NJ Busines

Not Disclosed, NJ
Union County

Asking Price: Annual Revenue:
$199,000 $222,000

Recreation: Entertainment

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RE: Wine, Paint and Friends - Now, here's a NJ Busines Broker: Carey Davis
Owner Financing is Available!

Quick Facts

Asking Price: $199,000
Annual Revenue: $222,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 6
BBN Listing #: 72935879
Broker Reference #: 6842-839570

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Business Overview:

With a wine glass in one hand and a paintbrush in the other, loyal paying patrons can put down the cell phone, pick up a brush, a glass of wine and let the inner artist out and create unique paintings – ones that can be hung on walls or given as gifts. Worried about needing the experience to own this business? Forget it! The seller will teach you everything you need to know. It's all about following a formula customers love: relaxing and having fun – there’s no experience necessary. The Cranford studio offers paint classes that are just as fun for seasoned professionals or first-timers. As the new owner, if you like people, are good with communication, common sense and can follow the formula there’s no way to go wrong. Perfect buyers would live in or within reasonable driving to Cranford, like people, painting, and profits! The sellers would be willing to sell other NJ locations with qualified buyers.

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Property Features and Assets:

The two founders launched the first space in 2012. Cranford was launched in 2015. By the end of 2016 studios were open in five cities in New Jersey. In 2017 the owners moved to expand further through franchising as the Cranford location recorded its best year ever.

Market Competition and Expansion:

NJ’s premier art and wine studio for BYOB art classes, private parties, corporate events, and team building activities. Handpicked talented artists guide our customers through the creative process and help them to complete their artwork. At the end of the event, they will have painted their masterpiece on a 16x20 canvas, met new friends, socialized and unwound. No experience required. If you like to get involved with the local Cranford community, have a good business sense and are a "people person" contact broker today. There's a profitable business behind the relaxed fun enjoyed by patrons. The owners are selling because they want to spend their efforts on expanding the franchise and offering new opportunities for owners- including this location in Cranford. More classes, connections within the community, business to business, and corporate functions all present additional opportunities. The sellers would be willing to discuss selling additional NJ locations they own to qualified buyers.

Reason for Selling:

Selling O&O locations to expand franchise

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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