Business Summary
Painting with a Twist is a newer concept, artistic painting as entertainment. It combines art within a social, fun environment. It is not necessarily fine art, but it is definitely fun art! Although the basic idea has been around for years, only recently has it has been formatted to be the basis for a successful business formula.
If you love art, and would love to introduce people to their creative side, this is the business for you. It is fun and simple to run. All of the art is produced and copyrighted in Painting with a Twist corporate offices. Your customers will enter into a pleasurable, innovative environment, where they will experience firsthand the excitement of creating their own work of art.
Based in Mandeville, Louisiana, Painting with a Twist is the franchise arm of Corks N Canvas, LLC. The concept is so popular that the franchise system already has 61 store fronts with the independently owned McKinney store being the thirteenth. This location opened at the beginning of 2010 and has been growing ever since. The main reason this owner desires to sell this business is she has a young family and desires to spend more time with her family.
To open a new franchise store with this brand would cost at least as much if not more than buying this business that has an established customer base. This business is located in a prime strip center in McKinney, TX with a visible storefront on a heavily traveled road. McKinney, TX has desirable demographics and is located next to a busy Starbucks.
If you have a passion to deliver a rewarding experience to your guests and consider yourself a people person, then this business is a fit for you!
Attractive studio/classroom is in a newer strip center that has a popular grocery store, a Starbucks and other known brands. The assets include furniture & fixtures that is consistent with the franchisors brand & desired environment. The 1400 sq. ft. studio/classroom lease runs January 2015. Current rent is $2833 per month including triple net.
Property Details
Other Business Details
Competition:
While there is other Painting with a Twist in the DFW metroplex, none of the locations directly compete with this location. This business has a large, desirable consumer base to market. It has a unique concept that allows it to be the only game in town!
Expansion Potential:
This business has experienced growth in year 2 and is experiencing greater growth in year 3. This business has the ability to increase revenue & profit by employing focused marketing to women groups & by expanding the corporate team building through team art sessions. Additional revenue & projects can be realized by expanding the birthday party, summer camp & after school events. This owner is providing a base of business to grow upon for an energetic, enthusiastic owner!
Business Operation Details
Support & Training:
Franchisor provides initial training 3 day training in Mandeville, LA. as well as providing on-going support. Owner desires to have new owners continue to build the business and will provide support to meet this objective.
Miscellaneous Details
Financing Available:
Yes
Owner will consider financing for a qualified buyer
Reason For Selling:
Owner desires to spend time with her young family
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