Profitable & Established Creative Art Studio, 100% Absentee Owner
Asking Price: | $499,999 |
Gross Revenue: | $616,000 |
Rent: | $12,400/Month |
FF&E: | $100,000 |
Cash Flow: | $80,000 |
Inventory: | $15,000 |
EBITDA: | $109,000 |
Established Year: | 2022 |
One of a kind creative art studio in the heart of Phoenix
100% absentee owner. Great growth opportunity for local owner targeting large group events and corporate parties. Strong social media presence and digital marketing. Discover the perfect space to inspire your creativity! This versatile art studio, located in a vibrant and artistic neighborhood, is now available for sale. Bright and Open Layout: Flooded with natural light, the studio features large windows and high ceilings that create an airy and inviting workspace. Customizable Space: The open floor plan allows for various configurations to suit your unique needs. Ample Storage: Dedicated storage areas for tools, supplies, and artwork, keeping your space organized and functional. Prime Location: Situated in a bustling area with a strong artistic community, this studio offers excellent visibility and access to light rail. Inspiring Ambiance: Thoughtfully designed with new rage paint concept as well as traditional spin art, bicycle spin art and splatter studios. Management and staff in place with well documented systems and processes. The new owner will be walking into cashflow from day 1 with opportunity to grow and scale or maintain with minimal involvement. Be the proud owner of this fun and exciting artistic environment.
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