Profitable & Established Creative Art Studio, 100% Absentee Owner

Asking Price$299,000

Cash Flow
$110,000

EBITDA$145,000

Gross Revenue$553,000

Inventory$15,000
Included in asking price
FF&E$25,000
Included in asking price
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Profitable & Established Creative Art Studio, 100% Absentee Owner


Asking Price$299,000

Cash Flow
$110,000

EBITDA$145,000

Gross Revenue$553,000

Inventory$15,000
Included in asking price
FF&E$25,000
Included in asking price
Business Description
Are you ready to own an exciting, established business in the Triangle Area? This immersive art studio business is perfectly positioned on a highly trafficked corner with lots of visibility. Open since May 2023, this business has cultivated a loyal customer base in a very short time and generates annual income of $500,000+

Key Features:

• Fully staffed, including an experienced manager

• 4 Custom Built Spin Art Stations

• 15 Station Glow Paint Splatter Room w/UV Lights, DJ Lights & Sound System

• Profit and loss statements available since opening

• Convenient location with high visibility and easy access

•Convenient parking

This business is a turnkey operation, ideal for anyone looking to step into the world of entertainment, art & hospitality. We’re selling to focus on a new project, making this a great opportunity for you to take the reins of a thriving business, with a large social media following and all the pieces already in place. Reach out for more information!
About the Business
Years in Operation
3
Employees
7
Facilities & Assets
Located in the heart of Cary, this highly desirable area offers excellent potential for growth and expansion.
Website
https://spinartnation.com/raleigh-cary-nc
Market Outlook / Competition
Below-average competition, as we provide unique experiences
Opportunities for Growth
Opportunity to grow corporate and party sales
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,400
Rent
$5,200.00 per month
Lease Expiration
9/20/2027
About the Sale
Seller Motivation
Pursuing other ventures
Transition Support
90 days of support and a transitional period.
Financing Options
NO FINANCING
Listing Info
ID
2372417
Listing Views
923
Business Location

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Business Listed by: Oleh Kechur

Listing ID: 2372417 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.