Asking Price: $34,500 Gross Revenue: $186,780Cash Flow: $41,553 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
PRE-APPROVED FOR FINANCING!
Painting with wine, art classes, birthday parties, special occasions, off-site classes!
Why buy this business?
1. It has a strong foundation and organized being a franchise
2. The location is amazing being in the middle of several expensive water towns in Westchester.
3. The price is great and with clean financials.
4. And when you walk in, the look of the place is amazing and shows how well managed this business is.
About the Business
Westchester County, New York
Number of Employees:
Building Sq. Ft.:
$7,000.00 Per Month
One of the nation’s largest paint and sip franchise opportunities. Each of our locations provides a relaxed, fun environment, and expert guidance on painting techniques from local artists. People love connecting with others over art (and wine!).
Together with our studio guests, we’ve created over two million paintings. And while we haven’t counted the corks, we’ve all enjoyed plenty of wine and friends along the way. We love being the go-to spot to relax, unwind and let loose. From date nights to bachelorette parties to team building, our paint parties are a unique way to celebrate all of life’s special moments… even if the occasion is just a Friday. Located right next to the waterfront with restaurants and high pedestrian traffic
#1 Paint and Sip Franchise - PRE-APPROVED FOR FINANCING!
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.