Profitable & Established Creative Art Studio, 100% Absentee Owner

Atlanta, GA
Asking Price:$349,999
Gross Revenue:$410,000
Rent:$8,700/Month
FF&E:$100,000
Cash Flow:$172,000
Inventory:$25,000
EBITDA:$98,000
Established Year:2024
BUSINESS DESCRIPTION

One of a kind creative art studio in the heart of Downtown, Atlanta!

Are you ready to own an exciting, established business in the heart of Downtown, Atlanta? Located on the corner of Decatur & Park Place just steps away from Georgia State University, this immersive art studio business is perfectly positioned on a highly trafficked corner with lots of visibility. Open since February 2024 , this business has cultivated a loyal customer base in a very short time and generates annual income of $400,000+

Key Features:

• Fully staffed, including an experienced manager

• BYOB on-site, boosting revenue potential

• 4 Custom Built Spin Art Stations

• 6 Custom Built Spin Art Bicycle Stations

• 8 Station Glow Paint Splatter Room w/UV Lights, DJ Lights & Sound System

• State of the art Rage Paint Room w/ UV Lights, DJ Lights & Sound System

• Utility room, storage room and storage room for rage room breakables

• Profit and loss statements available since opening

• Convenient location with high visibility and easy access

•Convenient curb side parking and paid parking lot across the street

This business is a turnkey operation, ideal for anyone looking to step into the world of entertainment, art & hospitality. We’re selling to focus on a new project, making this a great opportunity for you to take the reins of a thriving business, with a large social media following and all the pieces already in place. Reach out for more information!


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,842
Lease Expiration
28/02/2029
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
* Ample Storage & Private Office * 4 AC units serviced quarterly. * 4 Custom Spin Art Stations, 6 Spin Art Bicycle Stations, 8 Station Glow Paint, * Splatter Room w/UV Lights, DJ Lights & Sound System, Rage Paint Room w/ UV Lights, DJ Lights & Sound System & Upgraded Break Wall, Commercial 5 Minute Canvas Dryer * 2 POS Systems * Speaker System * Benches, Tables & Chairs For Events * Paint coveralls & boots various sizes * 2 drink coolers * 7 Flat Screen TVs * Security Cameras w/ alarm * Birthday party area
Competition
Minimum competition, we are the ONLY interactive paint studio that offers multiple art experiences under the same roof.
Growth & Expansion
Opportunity to continue relationships with the university art program, continued corporate relationship building with the many businesses in the area, partnerships with local hotels, art treatment programs and the biggest opportunity coming is the new development of Downtown in preparation of the World Cup. The opportunity for growth is ENDLESS!
Support & Training
90 Days of support during the transitional period
Reason for Selling
We are shifting our focus focus to a new business venture

BUSINESS LOCATION
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Jonathon Rolph
Jonathon Rolph