Profitable Paint Your Own Pottery and DIY Art Studio

, Alabama 6 views 0 favorites

Financial Highlights
Asking Price
$285,000
Revenue
$224,000
Business Description

In southeast Alabama, a profitable, enjoyable, and reputable DIY art studio business is for sale. The talented and knowledgeable owners have professionally operated the business for twelve years. Revenue is $224,000 with a cash flow of approximately $111,000. Artistic talent is icing on the cake, but your business sense is key to continuing to enhance and grow it to its full potential. The business has great financials! Location: Coffee County, Alabama Year Established: 2010 Number of Employees: 3 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $1,600.00 Per Month Facilities: Core Marketing Strategy is Customer referrals. Local print media, school flyers, and social media, including Facebook, Instagram, and TikTok, are also used and an up-to-date website that markets not only the core business but also upcoming events and facilitates online booking of classes and events. Business is entrenched in a thriving downtown district with an excellent base of independent businesses that collaborate on district events and marketing. The Business also pulls a tremendous customer base from the military base. Market Outlook/ Competition: There is no competition in the area Growth & Expansion: In August 2021, Business added a highly profitable Splatter Room experience which has added $10K in revenue in just six months and continued growth as awareness of the space spreads through word of mouth and publicity. Opportunities for continued growth are endless with more classes and events. The Business is also cataloging its entire canvas painting inventory to provide TO GO kits that will include step-by-step instructions and materials needed to complete a painting in the comfort of the customer's home or with their private group in a home setting. Additionally, there is the untapped market of virtual instruction online that could include similar kits, which could be shipped or picked up in the studio, then access step by step video tutorials to walk customers through the completed project.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 19, 2022

Updated: 6 hours ago

Views: 6

Favorites: 0