Creative Image Craft Painting Schools - Master Franchise
Location South Africa
Asking Price Range $1.0M - $2.5M
Gross Revenues $20000000
Net Profit / Cash Flow $3000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1989
Number of Employees 50 - 99
Relocatable Yes
Number of Employees 50 - 99
Real Estate Owned
Training Extensive.
Reason for Sale Growth in new country.
Description Craft painting school franchise opportunity for sale.
These schools are supplied with everything necessary for the running of successful classes. The franchisee is given intensive training covering both the running of classes as well as the running of a small business, help with the design and layout of their new school, access to a mailing list for marketing purposes, fully prepared lessons and designs, stock, lightboxes, stationery and of course most important of all, backup.
The concept has proven so popular that to date 60 franchises have opened up around the country, with each franchisee having their own group of enthusiastic students. When we visited one of the schools, we met a group of ladies enjoying a morning class. Each was doing a design of their own choosing and the results were really impressive, considering that not one of the students had previously considered themselves to be ''art''!
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