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    • 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

      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
      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
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288

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