Paint & Sip Business

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Asking Price:
$170,000

Gross Revenue:
$320,154
Cash Flow:
$79,535
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

About the Business

Location:
Martin County, Florida
Year Established:
2016
Number of Employees:
12 PT
Facilities:
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
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About the Sale

Reason For Selling:
Owner has other businesses
Training/Support:
Seller will train buyer for two weeks at no cost to buyer
Seller Financing:
Seller Loan: $50,000. Mos: 60. Rate: 8%. Mo Pmt: $1,013.82

Listing Info

ID:
1625710
Ad Detail Views:
0

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Business Listed by

Bob Leone

Acquisition Experts, LLC
License# sl3188853

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Sponsoring Broker:

Dale Armor
Acquisition Experts, LLC
License# BK602726

U.S. Census Data for Martin County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Martin County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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