Property ID : SB40.02
For Sale $45,000.00 - Franchise Opportunity
- A popular, trendy Franchise opportunity
- The Paint and Sip movement continues to spread across the country
- Located on the west side of Rochester – off a main highway with plenty of off-street parking.
- Currently operating and established almost 3 years
- Currently operating with a beer and wine license
- Catering to small and large groups up to 75
- Children classes available
- 1800 sq foot of operating space
- Hours of business are based on classes and appointments
- Thorough training and support are offered through the Franchise
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
FF&E with a value of $ 1,625
Inventory at cost of $ 1,000
Current Gross Rent is $2296.58 a month with the lease expiration date of April 2021 with options to renew.
SALES AND SELLERS DISCRETIONARY EARNINGS:
Sales: $ 79,487
Cash Flow (SDE): $ 7,137
Asking price is $45,000, which includes the $ 5,000 franchise transfer fee
This is a nice owner /operator opportunity for entrepreneurs who want to catch a piece of this expanding business line. Ideal for an artist /operator. Similar businesses like this have won over investors on ABC television show Shark Tank. Expanding the wine menu and using the marketing created by the Franchise should definitely increase revenue.