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DealProspect/Listings/Hospitality & Tourism

Paint & Sip Events Studio, Sydney

Function & Event Venue

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$170,000+
Disclosed · AUD
Revenue
$500,000
TTM
Profit
$200,000
Implied multiple
0.8×
asking / earnings
Brief
  • Well-established paint and sip studio in Sydney's city fringe
  • Specialises in instructor-led group events combining creativity and social interaction
  • Events include private celebrations, corporate functions, team-building and social nights
  • Automated systems allowing the business to be run remotely
  • Trained and experienced event hosts in place, reducing owner involvement
  • Repeat customers and an established database
  • Low overhead, easy-to-operate model
  • Can also be purchased as a Master Franchise