Monday, March 14, 2016

FOR SALE: Painting Studio and Wine Bar in Southwest Florida

DESCRIPTION
Paint and drink! Great business targeting individual/group and adult/child fun. Buy or bring beer/wine/beverage. Artists instructors. Clients take home their paintings. Open enrollment or private parties. In studio or off-site. Growth every year. Further growth from ability to add other crafts and more classes, locations and marketing. Owner works about 30 hours per week.

OPPORTUNITY
Further growth from ability to add other crafts and more classes, locations and marketing.

Revenue $362,850; owner benefit $141,455.  Growth every year.

PRICE
$199,000

SBA 7(a) Pre-Qualified with $75,000 down and up to $224,000 loan.  Loan end rate is 6.25% adjusted quarterly until end of loan term.  Monthly payment for loan amount of $224,000 will be $2,515 principal and interest only based on a 10-year amortization.

CONTACT
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at Eric@EdisonAvenue.com or 239.738.6227. Also, visit our Edison Avenue website at www.EdisonAvenue.com.

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