Broker Login
BuyABiz Listing Details
  • Listing Information
    • Midwest Sip & Paint Studio With 3 Non-Franchise Locations

      Midwest Sip & Paint Studio With 3 Non-Franchise Locations

      Business Type

      Services - Arts, Entertainment, and Recreation

      Area
      County State Iowa
      Property Status Business Space for Lease Asking Price $109,000.00
      Down Payment $27,250.00 Total Debt
      Gross Sales $456,264.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary
      This non-franchise paint & sip studio has 2 locations in Iowa and 1 in South Dakota, each with a full-time manager and several part-time event coordinators available for assistance with events. Offering public, private, corporate and mobile event services, over 80 paint & sips were held between all 3 locations in October. Since each location is fully staffed, the seller oversees operations and focuses on the big picture.

      In-studio and mobile activities are led by local artists, who are art students, art teachers, and talented community artists. Many of them have come from events they have attended at the studios, or have approached the business to offer their services. Assisting attendees are Event Coordinators, who check people in, refill paint, and help to create a fun atmosphere. Depending on the number of attendees, between 1 and 3 Event Coordinators will be present.

      All managers are full-time, and are responsible for running each studio’s calendar, setting up events, handling inventory and ordering supplies. As the studios are only open during events, the Managers are able to partially work from home. However, a buyer looking to increase profits should consider running one of the studios as an Owner/Operator.

      Growth also exists in offering more corporate and mobile events. The seller is currently working on establishing a partnership with a corporate team building operation to boost the corporate event numbers. This is a great way to source clients for private functions.

       
      Print Listing
  • Lease / Asset Information
    • Rent Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory $23,672.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $9,000.00 FF&E Included Yes
      Other Assets Assets Included No
  • General Business Info
    • Other Information
      Employees 3 Part Time Employees 25
      Hours Open Days Open
      Year Established 2012
      Training 90 days
      Selling Reason Retirement
      Property Features
      Location 1 (northwestern IA) – 2,500 sq. ft. (seats 60+)
      Location 2 (central IA) – 1,600 sq. ft. (seats 60)
      Location 3 (southeastern SD) – 1,250 sq. ft. (seats 52)

  • Images
    •  
Additional Listings by this Broker
sports-bar-in-dodge-county-nebraska Sports Bar in Dodge County Nebraska
List Price:$81,000 Gross Sales  2016: $213,080 2015: $281,458 2014: $176,896 Owner Profit/Cash Flow 2016: $40,563 2015: $40,809 Profit Margin: 19% Multiple: 2  Valuation: 2016 Cash FlowxMultiple=Price         ....
State:  Nebraska
Asking Price:  $81,000.00
  
floral-design-gift-shop-retail Floral Design & Gift Shop Retail
Located in Cass County Nebraska, this floral design and gift shop business has been open for over 70 years. Well-known for some of the best fresh flowers and small home décor items in the area, clients come from across the county for wedding, funeral....
State:  Nebraska
Asking Price:  $120,000.00
Gross Sales:  $253,472.00
2location-large-animal-vet-practice 2-Location Large Animal Vet Practice
Specializingin cattle operations, this two-location large animal vet practice is up forsale. Owned and operated by 3 practicing DVM’s, the sellers are looking toslowly transition out of the operation over the next 3 years, and are lookingfor an abs....
State:  Nebraska
Asking Price:  $1,400,000.00
Gross Sales:  $2,458,487.00
consulting-coaching-with-software-product Consulting & Coaching with Software Product
This is a coaching business unlike any other, with the seller operating remotely from Hawaii 50% of the time. Run as a lifestyle business in every sense of the word, the seller profits over $300,000, and lower overhead leaves the company with a 69% p....
State:  Kansas
Asking Price:  $1,123,000.00
Gross Sales:  $451,889.00
private-nonemergency-transport-in-central-missouri Private Non-Emergency Transport in Central Missouri
This growing medical transport businesswith 8 years of established operations in 8 counties is poised for expansion inthe central Missouri area.  Customersreceive transportation to medical appointments and beneficial standingrelationships with....
State:  Missouri
Asking Price:  $390,000.00
Gross Sales:  $646,598.00
Page size:
select
Page: of 8
Items 1 to 5 of 38
About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
Broker's Website
My BuyABiz Listings
Contact Broker About This Listing...

Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

Request Information

First Name
Last Name
E-Mail
Phone
Timeframe
Available Amount Down
Comments
CAPTCHA image
Enter the code shown above in the box below
Register for Updates
Similar Listings
There are no items to be displayed.

The information for this listing was received from the Seller, and is not guaranteed. Neither the Broker nor BuyaBiz has verified the listing information, and the Broker does not ensure the accuracy of the listing details. The User is solely responsible for verifying all information. BuyaBiz does not ensure the accuracy of, endorse, or recommend any listing.