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BUSINESS FOR SALE - PROFILE #  42276734

Art painting academy for children and adults
North Miami Beach (Near Biscayne Blvd)

Asking Price: $90,000   Down Payment: $60,000  
Gross Revenue: $126,226   Adj. Cash Flow*: $59,742  
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Executive Summary
Art painting academy for children and adults. Many different arts and methods are taught. The company also has contracts with cities, libraries, schools and private companies to provide classes at their own locations. It offers After-school Program, Birthday Parties, etc. The lease is renewable 1 year at a time but landlord is willing to do a long term lease. Sufficient parking spaces available. Seller may recommend a skilled manager to the new buyer if needed.

Acquisition Highlights

  • established in Bogota, Colombia over nineteen years ago, and has since become a leader in the field of after school and youth programs, directed toward the development of children’s artistic, intellectual and motor abilities. In 1998, the vision and concept came to both its founding owners who dreamed of a space where children and teenagers engaged socially with each other in a calm, healthy and enjoyable manner, while surrounded by the arts. With that idea in mind, the hopes was not that students necessarily become great artists, but that they grow up to be happy people.
  • Financing Information:  24 months, 5% interest
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2010 Inventory: $500 Included
Employees: 2 Furniture, Fixtures & Equipment: $5,555 Included
Lease/Rent: $1,209 Real Estate:
Building Sq Ft: 740
    Total Assets Included in Sale: $6,055
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Alejandro Matheus
Phone:  (954) 900-9991 x 705
Fax:  (954) 900-9991
Other:  (954) 257-1514
E-mail:  amatheus@vrblueocean.com
VR Business Brokers - Fort Lauderdale, FL
2700 W Cypress Creek Road
Suite D-134
Fort Lauderdale, FL 33309
www.vrblueocean.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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