Address Not Published

    Boca Raton, FL 33433
    • $27,500
    • STATUS: Closed
    • ON SITE: 286 days
    • ID#: RX-10387172
    Sold - 06/18/2018
    $27,500
    SOLD - 06/18/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    2015
    County:
    Area:

    School Ratings & Info

    Description

    This semi absentee owner social art studio offers a great opportunity to own a fun, social and creative business while still having a support system in place. The studio offers group classes for friends open to the public as well as kids camps and private events for kids parties, bachelorette events, and corporate events. Located in the heart of Boca Raton, this studio has an established customer base and is involved in philanthrophy and projects with the local schools and colleges. No art experience is necessary as the studio currently has highly experienced artists in place as managers and instructors. However, an owner/operator that does have art experience could substantially increase the profit margins while having fun.This location is not a franchise, however a license from corporate is required. The benefit of this is constant support from corporate as well as website maintenance and advertising for the studio. This location was established in July 2015. Extensive renovations to the plaza where the studio were located were started early 2016 and completed in July of 2017. This renovation impacted the studio profit numbers substantially during this time. The plaza re-opened in August of 2016 and is stunning! This gives the new owner an incredible opportunity to capitalize on the new plaza with only upside potential and none of the income losses from the plaza renovation.

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    © 2018 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-09-18T08:07:41.2.
    www.thehaighgroup.com/homes/79197724

    Address Not Published Boca Raton, FL 33433

    • Price: $35,000
    • Status: Closed
    • Updated: 86 min ago
    • ID#: RX-10387172
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2015
    Built
    Neighborhood:
    Boca Raton
    County:
    Palm Beach
    Area:
    Boca Raton
    Property Description
    This semi absentee owner social art studio offers a great opportunity to own a fun, social and creative business while still having a support system in place. The studio offers group classes for friends open to the public as well as kids camps and private events for kids parties, bachelorette events, and corporate events. Located in the heart of Boca Raton, this studio has an established customer base and is involved in philanthrophy and projects with the local schools and colleges. No art experience is necessary as the studio currently has highly experienced artists in place as managers and instructors. However, an owner/operator that does have art experience could substantially increase the profit margins while having fun.This location is not a franchise, however a license from corporate is required. The benefit of this is constant support from corporate as well as website maintenance and advertising for the studio. This location was established in July 2015. Extensive renovations to the plaza where the studio were located were started early 2016 and completed in July of 2017. This renovation impacted the studio profit numbers substantially during this time. The plaza re-opened in August of 2016 and is stunning! This gives the new owner an incredible opportunity to capitalize on the new plaza with only upside potential and none of the income losses from the plaza renovation.
    Exterior Features

    Construction Block Parking CommonShared Road City / County MaintCounty RoadPavedPublic Waterfront YN No

    Interior Features

    Bath Toilets 2.00 Ceiling Suspended Cooling Central Flooring Concrete Heating Central Miscellaneous1 Entertain Miscellaneous2 Meeting RoomPrivate RestroomRear AccessReception AreaSeparate Office AreaStorageTraffic AutoTraffic HeavyTraffic Pedestrian Offices 2 Percent Air Conditioned 100.00 Seating Capacity 75 Sq Ft Occupied 2190.00

    Property Features

    Annual Base Rent 76740.00 Available Docs None Available Info Books & RecordsCopies Of LeaseOwner ManagedTraining Program Business Name Sip And Paint Studio Business Type Other Contingents None Employees 6 Expenses Include AdvertisingLicense & PermitPayrollPersonal Prop. TaxRentRepair & MaintenanceSupplyUtility-Telephone Fire Protection Smoke Detector Lease Expires 2020-05-31 Lease Term Rem 1-3 YearsOptions Available License County OccupationalProfessional List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Central Business DstCountyShopping Center Monetary Info Annual Gross Income 163000.00 Monetary Info Fixtures Equipment 15000.00 Monetary Info Inventory 1500.00 Monetary Info Sourceof Expenses Owner Ownership Limited Partner Possession At Closing Renewal Option Yes REO No Sale Includes Business OnlyFixturesFranchiseFurnitureInventory Security Burglar AlarmSecurity Sys-Leased Short Sale No Short Sale Addendum No Short Sale AU N/A Special Info Corporate OwnedSold As-Is Terms Considered CashConventionalOwnerOwner 2nd Training Available Yes Type Of Building RetailShopping Center Utilities CableElectricPublic WaterSeparate Meter Year Established 2015.00

    Listing provided courtesy of Realty Today Inc..

    © 2018 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-09-18T08:07:41.2.
     
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