Turnkey Two-Location Paint & Sip + DIY Studio – Wilmington, NC.
Business Description
An exciting opportunity to acquire an established two-location creative entertainment business in Wilmington, NC, offering paint-and-sip events, DIY and specialty workshops, private parties, corporate and team-building events, kids’ activities, date nights, and more.
The business has an established operating location along with a newly opened second location that is just beginning to build its customer base and event volume, creating substantial upside for a new owner. As the second location becomes established, current ownership expects the combined operation to have the potential to approximately double total revenue over the next year.
Both studios are fully equipped and operational, allowing a buyer to step into the business without the time and expense associated with building and outfitting locations from scratch. The sale includes furniture, fixtures, equipment, easels, tables, seating, art and class supplies, bar equipment, décor, storage, and other operational assets.
The business occupies a unique position in the Wilmington market as the area's only dedicated paint-and-sip studio operation. In addition to traditional painting events, the business has expanded its offerings to include a variety of DIY projects, specialty workshops, seasonal events, private experiences, and other creative entertainment options.
Multiple revenue streams provide opportunities beyond scheduled public classes, including private parties, corporate events, team building, kids’ events, specialty workshops, group celebrations, and beverage sales.
There is significant opportunity for continued expansion. A new owner could grow private and corporate bookings, increase programming at the newer location, expand specialty offerings, develop relationships with local businesses and organizations, pursue tourism and hospitality partnerships, increase beverage sales, and continue building the business through digital and social media marketing.
Comprehensive transition and training support will be provided by the sellers for an agreed-upon period to help ensure a smooth ownership change. The business also has established systems, processes, branding, and operational resources already in place.
The owners operate multiple businesses and have reached a point where they need to focus their time and attention on one primary venture. The decision to sell is not due to a lack of opportunity in the business, but rather a desire to simplify their business interests and concentrate their efforts elsewhere.
This is an opportunity for an owner-operator or entrepreneur to acquire an established operation with two locations, multiple revenue streams, existing infrastructure, and considerable room for continued growth.
Additional financial, operational, lease, and business information is available to qualified buyers.
The business has an established operating location along with a newly opened second location that is just beginning to build its customer base and event volume, creating substantial upside for a new owner. As the second location becomes established, current ownership expects the combined operation to have the potential to approximately double total revenue over the next year.
Both studios are fully equipped and operational, allowing a buyer to step into the business without the time and expense associated with building and outfitting locations from scratch. The sale includes furniture, fixtures, equipment, easels, tables, seating, art and class supplies, bar equipment, décor, storage, and other operational assets.
The business occupies a unique position in the Wilmington market as the area's only dedicated paint-and-sip studio operation. In addition to traditional painting events, the business has expanded its offerings to include a variety of DIY projects, specialty workshops, seasonal events, private experiences, and other creative entertainment options.
Multiple revenue streams provide opportunities beyond scheduled public classes, including private parties, corporate events, team building, kids’ events, specialty workshops, group celebrations, and beverage sales.
There is significant opportunity for continued expansion. A new owner could grow private and corporate bookings, increase programming at the newer location, expand specialty offerings, develop relationships with local businesses and organizations, pursue tourism and hospitality partnerships, increase beverage sales, and continue building the business through digital and social media marketing.
Comprehensive transition and training support will be provided by the sellers for an agreed-upon period to help ensure a smooth ownership change. The business also has established systems, processes, branding, and operational resources already in place.
The owners operate multiple businesses and have reached a point where they need to focus their time and attention on one primary venture. The decision to sell is not due to a lack of opportunity in the business, but rather a desire to simplify their business interests and concentrate their efforts elsewhere.
This is an opportunity for an owner-operator or entrepreneur to acquire an established operation with two locations, multiple revenue streams, existing infrastructure, and considerable room for continued growth.
Additional financial, operational, lease, and business information is available to qualified buyers.
About the Business
- Years in Operation
- 13
- Employees
- 7 (1 Full-time, 6 Contractors)
- Franchise
- This business is an established franchise
- Facilities & Assets
- The business includes two fully equipped studio locations in Wilmington, NC, each designed and outfitted for paint-and-sip events, DIY workshops, private parties, team-building events, kids’ activities, and other creative experiences.
The sale includes the furniture, fixtures, equipment, art and class supplies, easels, tables and seating, bar equipment, décor, storage, and other operational assets necessary to continue running the studios.
Both locations are established and operational, allowing a new owner to step into an existing business rather than having to build and equip a studio from the ground up. The two locations also provide flexibility for public events, private parties, specialty workshops, and simultaneous programming.
Additional details regarding the facilities, equipment, inventory, and lease arrangements can be provided to qualified buyers. - Market Outlook / Competition
- The business holds a unique position in the Wilmington market as the area’s only dedicated paint-and-sip studio operation, with two established locations serving local residents, tourists, businesses, families, and private groups.
While the broader entertainment and creative activity market includes various alternatives, there are currently no other dedicated paint-and-sip studios in Wilmington. The business further differentiates itself through DIY and specialty workshops, private parties, corporate and team-building events, kids’ activities, date nights, and beverage sales.
The two-location footprint allows for simultaneous programming, increased private-event capacity, and the ability to reach different segments of the Wilmington market.
Significant growth opportunities remain through expanded private events, corporate partnerships, tourism, specialty workshops, local partnerships, beverage sales, and increased marketing. - Opportunities for Growth
- Business is positioned for significant near-term growth, with second location newly opened and still in the early stages of building its customer base and event volume. As this location becomes established and continues to grow, ownership expects the combined business to have the potential to approximately double total revenue over the next year.
Both locations provide multiple revenue streams, including public events, private parties, corporate and team-building events, kids’ events, specialty and DIY workshops, and beverage sales.
Additional growth opportunities include increasing event frequency, expanding private and corporate bookings, developing tourism and hospitality partnerships, growing beverage revenue, and continuing to introduce new specialty experiences.
With the infrastructure for the second location already in place, a new owner has an opportunity to acquire the business during an important growth stage rather than after that growth has already been fully realized.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $4,000 per month
- Lease Expiration
- 5/1/2027
About the Sale
- Seller Motivation
- The owners operate multiple businesses and want to focus on the others.
- Transition Support
- Comprehensive transition and training support will be provided to help ensure a smooth ownership change. The seller is willing to assist with training on day-to-day operations, scheduling, events, staffing, inventory, private parties, customer service, and other key aspects of running the business.
As an established franchise operation, the business also benefits from existing systems, processes, branding, and operational resources. Any ongoing franchisor training and support available to the buyer will be subject to franchisor approval and the terms of the applicable franchise agreement.
The seller is committed to working with the new owner during an agreed-upon transition period to help set them up for success.
Listing Info
- ID
- 2555228
- Listing Views
- 5
Listing ID: 2555228 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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