Take advantage of this unique opportunity to own the first Paint & Sip studio on the Sunshine Coast, located in the heart of downtown Caloundra. This creative arts centre and supply store, established in 2016, is perfectly positioned for growth and success, attracting both locals and tourists. Here’s what makes this business a fantastic investment:
- Prime Location: Situated just one block from the beach in an iconic building with high foot traffic from a nearby cinema, the studio benefits from excellent visibility and accessibility.
- Established Reputation: Known as the premier Paint & Sip studio in the area, the business has a loyal customer base and a strong community presence.
- Flexible Operations: Currently operating on weekends only, with opportunities to expand to daytime and after-school hours for the supply store and weekly classes.
- Part-Time Ownership: The owner manages the business part-time, focusing on administration and maintenance, while local artists conduct classes and workshops.
- Low Overhead Costs: Annual lease of $16,000 (GST included) with no outgoings, although this amount will change with new ownership.
- Expansion Potential: The studio is not part of a franchise, allowing for freedom to expand into various creative services such as children's holiday programs, birthday parties, and more. The supply store can be reopened as a separate venue, and the Paint & Sip workshops can attract a wider customer base.
- Turnkey Operation: The business is easy to learn and manage, with the current owner offering assistance during the transition period to ensure a smooth handover.
This business is ideal for a creative entrepreneur looking to step into a well-established and beloved community hub with significant growth potential.
Want to learn more about this business? Fill out the enquiry form today.
