MergerPlace

Paint and Sip Business

Oklahoma (Oklahoma)


  • Asking Price: $250,000
  • Gross Income: $367,338
  • Cash Flow: $91,650
  • Real Estate: Not Disclosed
  • Inventory: $9,281
  • FF&E: $47,536
  • Listing ID: #206389
  • Established: 2014
  • Employees: 2 FT/ 6 PT

Business Description

This is an exciting opportunity to own a turn-key business in the paint and sip & entertainment industry that is geared for continued growth and is located in a highly desirable location of OKC. This premier paint and sip destination business requires no artistic talent to own. The ideal owner is someone that wants to own a rewarding paint and wine business; someone who has the motivation of an entrepreneur and the drive of an entertainer. Join one of the fastest-growing franchise models in the country and buy an established business that is fun to run. By investing in this business, you will have the established name, logos, products, a wine and beer bar, furniture, decor, signage and inventory to get you started.
This business is a favorite among women in business, who are looking for a fulfilling experience and financial independence. It combines art within a social, fun environment. The business offers a wide range of affordable wine and painting parties, providing a fun and entertaining experience, in an upscale studio with a bar inside. Hired art instructors lead public and private painting events, instructing the paintings step-by-step to customers with no art experience in a fun and entertaining way, providing exceptional customer service. The customer demographic includes women, children, men, corporations and fundraising organizations. The wine and painting parties are perfect for Birthday Parties, Date Nights, Bachelorette Parties, Fun Friends Outing, Baby Showers, Girl's Night Out and Corporate Team Building.
The current owner is highly motivated and will provide two weeks of on-site training. In addition, the Franchisor requires one week of on-site training at its national HQ all to assist in a smooth transition.


Business Details

Primary Business Category: Services - Other Services
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/ 6 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $367,338
Cash Flow: $91,650
FF&E: $47,536
Inventory: $9,281
Seller Financing Available: No

Property Information

Facilities:

The location is in an established booming and hip area of OKC with lots of artisan shops, brewery, restaurants, vintage shops, martini bar, Walking/Biking trails and much more. The assets include furniture & fixtures that is consistent with the franchisors brand & current decorative environment. The 2000 sq. ft. studio/social room lease runs through April 2023. Current rent is $3213.00 per month. The franchise transfer fee is included in the sales price. All tables, chairs, current inventory of paint, brushes, blank canvases etc. are included. The business has an established Social Media following with plenty of franchise support and brand recognition. The main room provides seating for 42. The wine and beer bar is complete with top of the line refrigeration, glass washer and ice maker. LED track-lighting, independent sound systems add to the premier experience of painting at this location. In addition, the Franchisor leads the pack with their high-quality reservation and management systems. These systems allow the computer to do the work and free up time to focus on running the business and marketing to your local community.

Growth & expansion opportunities:

An owner/operator that has marketing skills and a high energy level can grow this business dramatically. A new owner should plan for future growth with the company supplied easy to use business reporting tools with real time information. With more advanced technology, your money, time and customers experience are geared for your success. The business prides itself on setting the industry standard. Bringing fresh, fun and creative ideas to the calendars each month keeps their customers coming back. The opportunities are endless for an energized owner to grow revenue and earnings by direct marketing to corporate locations, resident buildings, partnering businesses, networking clubs, community centers and even peoples’ homes.

Competition:

While there are other Social Art Studios in the OKC metropolitan area, this business is the #1 brand in the industry. This business has a consumer base to market & grow upon. It models a unique concept which allows it to be the best & the most fun studio in the industry. The business flourishes by word-of-mouth endorsements, so the marketing strategies have been created to generate that type of client excitement. This premier location boasts great traffic and is major OKC destination for locals and OKC visitors alike.

Reason for selling:

The current owner has other business interest.

Support & Training:

Will train for 2 weeks @ no cost. The current owner will provide 2 weeks of no cost training to the new owner and an additional 2 weeks of no-cost on-call support. The Franchisor offers comprehensive training through the corporate franchisee program. Also, the Franchisor will provide 1 week of training at the corporate HQ.

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Business Listed By:

Geary Welch

Murphy Business Brokers