MergerPlace

Art Studios With Three Locations

Pennsylvania (Montgomery)


  • Asking Price: $129,000
  • Gross Income: $427,700
  • Cash Flow: $77,100
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $100,000
  • Listing ID: #213769
  • Established: 1996
  • Employees: 1 FT / 19 PT

Business Description

Art studios for all ages and abilities with three locations. Serving the community for over twenty years they have built a large and loyal clientele. Studios offer walk-in options of pottery, clay sculpting, mosaics and fused glass. All three studios have robust summer camps.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania
County: Montgomery

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 19 PT

Financial Information

Asking Price: $129,000
Gross Revenue: $427,700
Cash Flow: $77,100
FF&E: $100,000
Inventory: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

Studios are equipped with shelving units, tables and chairs to accommodate classes and parties. Well maintained kilns, pottery wheels, slab roller and all tools needed to create and complete clay, pottery, glass, canvas and mosaics. Studios are in either a busy shopping center or in a high volume walking quaint, historic area.

Growth & expansion opportunities:

Additional marketing for adult classes, camps plus corporate clients and mobile art programs to be taken to day care centers, adult care facilities and similar groups can provide much growth. There is also an online store which has great potential for growth by increasing the items offered for sale.

Competition:

The studios offer diverse art options and are a hybrid of a recreational art studio and a teaching art facility. In the area are two paint and sip places and a paint your own pottery studio. Considering the population in the areas served, the competition is low. SEO, e-mail marketing and the use of social media software has been instrumental in driving steady traffic to the website and booking systems.

Reason for selling:

Owner desires the time needed to take care of an aging parent.

Support & Training:

Will train for 2 weeks @ no cost Owner had no experience before getting into this business and will provide training besides being willing to stay on for a while as a part-time employee if needed. The business has an integrated website, booking system and back-end software for a seamless integration of the various aspects of the business. The systems and processes that have been developed and honed over the years provide for a smooth ownership transition of a turnkey operation.

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Business Listed By:

Don Sable

Murphy Business Brokers