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  • Listing No.: 206-20657

  • Category: Leisure/Entertainment

Asking Price $135,000
Down Payment $80,000
Gross Revenue
Total Adjusted Net Income $65,000
Equipment / Fixtures $13,000
Year Established 2012
General Location
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This art studio allows their attendees of all experience levels to express themselves through painting in a relaxed and affordable environment. The new owner won't need to be an artist themselves, just business management experience. YOU can OWN this part time, established business while working around your personal schedule and responsibilities. Own a business where people love to show up and have fun with friends, family and associates.

Gross Revenue Listed Price $135,000
Total Income $65,000 Down Payment $80,000
Base Rent $3,000 Square Feet 1200
Total Rent $3,000 Lease Expiration 06/2025
Rent Deposit $3,000 Lease Options Yes, New lease
Inventory $5,000 Leasehold Improvements $40,000
Equipment / Fixtures $13,000 Other Assets
Full-Time Employees 1 Training Period 5 Days
Part-Time Employees Special License Required
Contract Staff 6 Reason for Selling Co-Founders have other jobs and limited time to manage the business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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