Painting with a Twist Franchise – ABC License

Price: $74,000

Location: Los Angeles County, CA

Industry: Entertainment and Recreation

Listing ID: 01985283JH

Listing Status: Reduced Price

Description

Listing ID: 01985283 JH

Painting with a Twist with strong sales is a franchise with a passion for painting.

Currently a Part Time Owner; a full-time owner operation could make $100K according to the seller as a proforma sale.

There are currently 240 franchisees in the US.

It is located on a major street with great visibility.

It is fun, plain, and simple. No creative or artistic skills are needed.

Painting with a Twist is all about connecting with friends over a glass of wine, your favorite snacks, and a night of laughs.

Oh, and you'll also learn how to paint!

The monthly rent is $4,000 and lease terms go to 2027. The store size is 2,000 sq ft.

The hours are 6 days a week from 2:30 pm to 9 pm.

There are 6 PT employees. The wage is $2,500/month.

They are selling for family reasons.

LISTING DETAILS

Down Payment: $74,000

Total Sales: $288,000

Cash Flow: $72,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $4,000

Inventory Included: No

Operation

Year Established: 2018

Days & Hours of Operation: 6 Days Open (2:30pm to 9pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 6

Absentee Owner: No

Lease Option: 4 @ 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $4,000

Type of Location: Strip Center

Square Footage: 2000

Franchise: Yes

Summary

Reason For Sale:

Family

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER
There is no associated broker for this Listing.