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Established Profitable Part-Time Art Class Franchise - Princes Risborough

Princes Risborough

Advert ref: 2055SH

Opportunity to buy a franchise resale with a full class already in place for the same price as a virgin territory.

Due to retirement, a franchise generating good profits with a full art class already running is available for the same price as a new start business giving you significant savings in time and money.

ColourWheel Art Classes offer art courses for adults.  A part time management business opportunity, you don’t need any experience in art, your teacher does that for you!  
This is a turnkey franchise resale opportunity with an established income stream already in place.  A full class already set up with many repeat students.

ColourWheel Art Classes offer part time courses for adults. There are three courses each year held during term time only - (Jan/May/Sept). This is a wonderful opportunity to have a very fulfilling, life-style business while working part time with one or two days a week at the classes. Course started back up in September 2021 and is fully booked. Administration, marketing, and supply ordering is done at home as and when you can fit it in. It should take no more than half a day depending on how you organise your time.

The classes are taught by an experienced teachers who works on a self employed basis and paid only for the classes they teach.

The current annual turnover is £21,000 with a profit of £12,000 per annum for the one morning class a  week.  Expand the business - Add another class or so and increase the profitability of this business, with four classes over two days giving profit in the region of £40,000 p.a  All course fees are paid in advance so cashflow is always positive and an assured income already in place. In addition to a substantial, existing student base, there is scope to increase revenue by adding more classes.
This is a wonderful opportunity to work part time whilst earning a good salary.

Surviving COVID

This business is resilient & has survived a pandemic despite being closed for face to face classes.
Students have received Home Projects over this period.

There are no overheads, rent or operating costs, art materials keep and no costly marketing fees to restart as student base is loyal.

We are returning to class in September with students excited to return. Class is fully booked for the term!

Key features:

  • Well established and profitable art class franchise with full class & waiting lists.
  • Genuine opportunity for a good income while working part-time from home.
  • Significant expansion opportunities if desired.
  • Very low overhead business model.
  • No requirement for teaching or art experience.
  • Very supportive franchisor providing admin and marketing support.

Property Details: N/A
Asking Price: £15,000
Location:

The art class is currently held in the Baptist Church Hall in Bell Street, Princes Risborough. It is in the upper hall, which is particularly light and airy, so perfect for art.

All venues are booked on a term by term basis.

Home Based: Yes
Franchise Terms:
The initial franchise agreement is for a period of 5 years, at the end of which you will have the automatic right to renew.

Reason For Selling:
This franchise is only for sale due to the retirement of the previous franchisee.

Established Profitable Part-Time Art Class Franchise - Princes Risborough Princes Risborough

Financial Details

  • Asking price: £15,000
  • Turnover: undisclosed
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