Pinot's Palette Nutley NJ | Turnkey Franchise for Sale | Event Space

Asking Price$65,000

Cash Flow

EBITDA$14,000

Gross Revenue$220,000

Inventory$2,000
Included in asking price
FF&E$60,000
Included in asking price
Glow Light Party at our studio
Glow Light Party at our studio
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Pinot's Palette Nutley NJ | Turnkey Franchise for Sale | Event Space


Asking Price$65,000

Cash Flow

EBITDA$14,000

Gross Revenue$220,000

Inventory$2,000
Included in asking price
FF&E$60,000
Included in asking price
Business Description
This is a rare opportunity to acquire an established, fully operational Pinot's Palette franchise in Nutley, New Jersey, the most recognized brands in the paint-and-sip industry, at a fraction of the cost of opening a new studio.

The Business
Pinot's Palette Nutley NJ has been operating since 2015 and is located in a high-visibility retail location in downtown Nutley, NJ, with strong community ties and a loyal, active customer base. The business offers regular public painting classes, private events, and specialty experiences, with a consistent schedule of events running throughout the week.

Why This Is a Smart Buy
Opening a new Pinot's Palette studio runs $250,000 or more in buildout, equipment, training, and working capital — and you start with zero customers, zero staff, and zero brand recognition in your market. This studio gives you all of that on day one:
Trained, self-sufficient team of 7: 1 full-time manager (a former art teacher who can also instruct), 5 experienced teaching artists, and 2 assistants. No hiring. No training from scratch.
Customer database of approximately 10,000 contacts — an immediately activatable marketing asset
Established social media presence with 2,300+ followers and proven engagement
All systems digitized and running: iPad-based operations, digital seating charts, remote camera monitoring, Rockbot business music subscription
Blacklight party capability: proven revenue driver and differentiator from competing studios in the area
Project Pet classes already launched and running

Financial Snapshot
Lease in place through March 31, 2028 at $3,850/month: no buildout required, no new lease negotiation needed
Current net operating income approximately $24,000 annually based on trailing 12 months with a ton of potential upside for expansion

Growth Opportunities Left on the Table
The current owners are selling for personal reasons (family circumstances, full-time employment) and have not had the capacity to pursue several high-potential growth initiatives:
TikTok — no presence established yet despite a highly visual, shareable product
Local business partnerships — corporate events, team nights, bachelorette parties
Expanded format offerings: candle making, chunky blanket classes, Bob Ross style events
Email marketing activation of the 10,000-contact customer database

Bonus: First Right of Refusal on Montclair Studio
The Nutley franchise comes with first right of refusal on the nearby Pinot's Palette location, which is expected to become available within the next 1–2 years. Owning both studios in adjacent markets creates significant operational, staffing, scaling, and marketing leverage.

The Numbers
Asking price: $65,000
Transfer fee to franchisor: $12,500
Security deposit / landlord: ~$8,000
Recommended working capital: $25,000
Total all-in investment: approximately $110,500 less than half the cost of a new studio build out
About the Business
Years in Operation
11
Employees
7 Part-time
Fully trained and very responsible employees
Franchise
This business is an established franchise
Facilities & Assets
Beautiful art studio people at a time with attached bathroom and attached storage room. Gorgeous community building space. Used for corporate events, birthday parties, girls night outs, lots of repeat clients.
Market Outlook / Competition
Excellent location, located on town main street
Opportunities for Growth
Excellent opportunities to expand the business to new formats. Established consistent customers.
Real Estate
Owned or Leased
Leased
Rent
$3,850.00 per month
Lease Expiration
3/31/2028
About the Sale
Seller Motivation
Personal circumstances have changed
Transition Support
Complete and thorough support and training is offered during transition
Listing Info
ID
2496260
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Business Listed by: Aditi Mittal

Listing ID: 2496260 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 of Use. Learn how to avoid scams.


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