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Listing ID: 2730789

Successful Art/Entertainment Studio For Sale

South Dakota, United States

$ 99,500

(Furniture / Fixtures included)

Revenue: $ 288,909

Cash Flow: $ 25,033

Business Description

Business is a License based art & entertainment model, catering to adults, children and groups. Local artists inspire and instruct customers step-by-step on creating their art masterpiece. Because this business is a licensee and not a franchise, they do not pay monthly/yearly franchise royalties. Customers can choose to attend classes in the studio, participating restaurants, corporate tabletops, or host events in their home. Included in this transaction is a fun, growing turn key opportunity in Sioux Falls and license rights for Kansas City, which a buyer can choose to develop or re-sell.

Property Details

Years Established:

4

Property Type:

Lease

FF&E:

$ 60,000

Other Details

Premise Details:

Business currently leases space in a high traffic, well located strip mall in Sioux Falls. With a little over a year remaining on the initial lease, new owner can choose to renew the current location or relocate the studio elsewhere.

Competition:

A couple of direct competitor exists, but this business leverages their well-know name and business model to lead the market and continue to grow their sizeable customer base.

Expansion Potential:

Excellent potential for growth in both Sioux Falls and Kansas City markets via a fun and entertaining business model and effective local marketing.

Operation Details

Employees:

13 PT

Trading Hours:

Mon-Sun: as scheduled

Support & Training:

Will train for 3 weeks @ no cost. Outside of the typical State and Federal licenses, no special licenses or skills are needed to operate the business.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Seller looking to spend more time with growing family.

Contact this seller

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