The Art Factory presents an exceptional opportunity for a new owner. Spanning across education and parties/entertainment, The Art Factory has multiple revenue streams at all times of the day and year.
The Art Factory runs art classes for children from ages 2 to 12, holiday workshops during term breaks, Art Parties on weekends and adult Sip & Paint sessions in the evenings.
The current owner purchased the business 18 months ago but is currently pursuing other opportunities. However, despite COVID they have managed to increase revenues 70%+. This has been achieved by opening one new venue, revamping the website and refreshing the existing sites. And, the opportunity still exists to further supercharge the business by upgrading the existing sites to be larger and fresher over the coming years (although there are options to extend leases in the current sites if the new owner wants to remain there)
Operating for 25 years, The Art Factory has established 4 locations with excellent brand recognition and referral business.
The Art Factory is operating at a run rate turnover of $600,000 this calendar year and revenues are growing quarter on quarter. Total rent for 4 locations is $15,873 per month including GST. Each location has its own lease and lease options.
The business has an excellent website which streamlines all enquiries and bookings as well as a large growing social media presence.
This is truly an exceptional investment opportunity, as it can be run with minimal involvement and there are qualified staff that work in the business.
For more information and to arrange an inspection please contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.