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Asking Price$198,500
Revenue$530,000 Established2015
Cash Flow$50,000 Employees1 full, 12 part
FF&E$100,000* FranchiseYes
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is an incredible opportunity to purchase a fun, easy to operate, paint and wine studio. And you don't necessarily have to be artistically inclined. You hire and support artists who are good with people. Generally, customers don't come to paint and sip studios to receive rigid instruction on the finer points of art: they come to have a good time! They want to relax with friends, enjoy a glass of wine, beer or non-alcohol beverages, and leave with memories and a fun piece of art. Many of the customers are corporations treating their employees to some relaxing and fun time off, bonding with fellow employees away from the daily regular work routine. Franchise owners love being a go-to spot for customers to relax, unwind and let loose. From date nights to birthdays and bachelorette parties, the paint parties are a unique way to celebrate all of life's special moments - even if the occasion is just called "Friday." This top ranked franchise now has paint and sip franchise locations from coast to coast and internationally.

The city where this business is located is a wonderful place to work and/or live. Residents considered the many pluses (such as its charming small-town feel, its ideal micro-climate, low crime rate, good schools, well maintained classic and varied architecture, clean tree-lined streets, beautiful parks, its great central Bay Area location, etc.) to be the best kept secret in the Bay Area. However, it's a secret no more. The city is now booming with carefully planned, smart new developments including hundreds of new homes recently constructed and many more in the building pipeline. These residential developments, plus its major, well-anchored shopping centers are drawing more and more people and businesses from all over the greater Bay Area. It has become a very desirable destination city. This simple to operate studio near the bustling downtown area is a great business opportunity to take advantage of the city's so many wonderful attributes.

Required Licenses: Business, Liquor

Real Estate Number: 01731143
Competition:This unique business has no nearby competition specifically offering this type of popular entertainment.
Growth Potential:The Seller has done a fantastic job of developing this business so far and has built a solid foundation on which to continue its growth and expansion. Future growth plans may include offering the services off site and the franchisor offers its franchisees the mobile equipment and system to do that. In addition, this particular franchise location has the opportunity to expand into an adjacent space with a separate entrance. Using this for non-alcohol services could draw customers for kid-friendly entertainment and events such as birthday parties and other festivities. Plus the Seller has several other great ideas for growth.
Training/Support:The sellers and the franchisor will provide necessary training and help a new owner successfully transition into this business. The franchisor’s required 1-week training program does a great job of preparing franchisees to be successful. You will learn how to use the franchise system’s state-of-the-art proprietary technology software, appropriately market your business to the right audiences, set the bar for excellent customer service, set up and host a painting classes, choose paintings for your monthly event calendar, and much more. You’ll also have a designated franchise relationship manager. This is your personal business coach! He or she will help you learn and understand best practices, develop a marketing strategy, run and understand reports, and keep your operational processes up to quality standards. The franchisor also offers ongoing training resources throughout the year, including webinars, videos, quick guides and one-on-one coaching as needed. Ongoing training and certification tools are also available for your artist staff.
Seller Financing:Seller or third party financing may be available for a qualified buyer
Sale Reason:Retirement
Ad #114315
Seller Reference #OAKLACA001-N240
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Contact This Seller
Phillip Holt
(510) 523-0232
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