All Posts in Category: Art Franchises
“Paint and sip” is one of the fastest growing franchise categories this year. In these workshops, you and your friends can paint, create and party. Brush up on what these top studios have to offer and get involved!
Bottle & Bottega
Bottle & Bottega is “all about friends, a canvas and a bottle of wine.” Rather than an art class, this studio hosts art parties where people can celebrate, relax, try something new and create a masterpiece. Entrepreneur Magazine’s No. 42 best new franchise of 2015, Bottle & Bottega has a total investment ranging from $62,200 to $125,600 and an initial franchise fee of $20,000. The ongoing royalty fee is 6 percent and the term of franchise agreement is renewable after 10 years. Bottle & Bottega requires a net worth of $250,000 and $75,000 of available liquid cash. The company also provides training at headquarters and online.
Painting with a Twist
Ranked No. 1 in the paint and sip category on Entrepreneur Magazine’s 2015 Franchise 500, Painting with a Twist offers step-by-step instruction for patrons while they celebrate birthday parties, bridal showers, or just a night out. This BYOB studio has a startup fee of $25,000 and a total investment of at least $94,300. The ongoing royalty fee is 6 percent and the franchise contract is 7 years and renewable. Painting with a Twist requires a $150,000 net worth and $50,000 of liquid cash available. However, the company does permit absentee ownership.
Pinot’s Palette offers regular painting classes as well as private, corporate and mobile events. This studio, too, encourages you to open a bottle of wine as you open your paint can. To start a Pinot’s Palette, there is a franchise fee of $25,000. The total investment cost falls between $74,200 and $173,500 with an ongoing royalty fee of 10 percent. The financial requirements for franchisees are a net worth and available liquid cash each valued between $80,000 and $100,000. Absentee ownership is not allowed, but the company does provide training both at headquarters and at the franchisee’s location.
Wine and Design
True to its name, this studio welcomes corkscrews, cups and canvases. Wine and Design hosts individuals, groups and even a kids summer camp. The total investment for opening a Wine and Design franchise unit ranges from $35,800 to $83,000 and the initial franchise fee is 6 percent. The term of franchise agreement is the shorter than the previous studios: 5 years and renewable. Franchisees are required a net worth of $25,000 as well as $25,000 in liquid assets. Only 2 employees are needed to run each unit and absentee ownership is allowed.
If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.
By Erin Cizek