wine glasses and an easels with paintings

Franchise Opportunity in Sip and Paint Events and Bar in Ohio

Asking Price: $550,000
Gross Revenue: $755,600
Location: Columbus, Ohio
Cash Flow: $212,858
Established: 2020

Business Description

This is an independently owned franchise location of a national sip and paint franchise, presenting no-experience-required events. Located in central Ohio, this niche business offers an engaging entertainment activity to locals and visitors. This bar and entertainment location offers painting as part of a fun experience, making it a go-to destination for an afternoon or evening, engaging in music, food, drinks, and a brush of painting.

Led by trained local artists and expert staff, this is an entertainment activity more than a craft activity, and it appeals to couples, groups, ladies’ night-out participants, corporate team-building events, fundraisers, and anyone interested in a fun time out with a touch of painting involved.

Each event focuses on a specific painting project, with all materials provided, including canvas; additional materials such as wood, yarn, or other surfaces; paints; brushes; aprons; guided instructions from local artists; and optional frames that customers can purchase to frame their final product. During the event, patrons can enjoy a full bar, including beer, wine, cocktails, non-alcoholic drinks, and snacks, with the bar representing 25% of the location’s overall revenue.

The studio is located in a high-visibility neighborhood with good signage that draws lots of foot traffic in from the visitors to the art galleries, boutiques, bars, and restaurants that make up the neighborhood.

Valentine’s Day and Mother’s Day are particularly busy times for events, and the overall increase in demand has led the owners to implement a dynamic pricing model for their busier periods. They offer a flat fee for booking space at a sip-and-paint event, with lower prices available for booking early. The price rises as an event sells out with demand-driven pricing.

The franchise offers support for marketing and advertising activities and training in addition to the hands-on training the owner will provide.

The current owner was originally very hands-on with the operations but has been transitioning the business over to two managers over the past year. There are operational processes in place, experienced managers, and part-time staff who can be called upon to work as needed, most of whom are trained in all three operational areas to bartend, instruct, or assist. The current owner plans to retire, spend more time with her aging parents, and travel with her family. This presents an ideal opportunity for someone with entrepreneurial experience or interests to take on a going concern that can continue with minimal disruption.

This is an established business. This is not a new franchise or start-up opportunity.

Detailed Business Information

Financial Information

Asking Price: $550,000
Gross Revenue: $755,600
Cash Flow: $212,858
Seller Financing: Yes, available for qualified buyers
Inventory: $10,000- $15,000
Inventory Included in price: No

Business Information

Location: Columbus, Ohio
Real Estate: Leased
Relocatable: No
Employees: 2 Full-Time | 20 Part-Time
Year Established: 2020

Electronically Sign Our NDA to Access This Business

Click here to read why we require a Non-Disclosure Agreement and ask for your financial information.