Price: $75,000
Location: Los Angeles County, CA
Industry: Entertainment and Recreation
Listing ID: 01985283JH
Listing Status: Reduced Price
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.
Down Payment: $75,000
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
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
Real Estate: N/A
Monthly Rent: $4,000
Type of Location: Strip Center
Square Footage: 2000
Franchise: Yes
Reason For Sale: Family
