If you're looking to own a business in the hospitality industry, like a bar or restaurant... keep in mind the high overhead costs and success rate. COVID really pointed out who had a strong business model and who didn't. This is Canada's most established bartending school with over 50 years of history (40 years in Vancouver!) Education is the way to go. No expensive inventory to manage. We train anyone interested in bartending. Some do it for fun, others do it to train for a job.
This is a very fun hospitality related business that also makes great money. The pandemic did put a slight damper on sales for a year, but we’re almost back to pre-pandemic numbers now. We have done very well despite the restrictions and this business has continued to succeed regardless of the economy.
Do a Google search for 'Bartending School'. The first hit will be Fine Art Bartending. Each year this place makes great money. This business is priced to reflect the profit it makes. All inventory (~$50k) is included in the price. Expect to recover your entire investment in 2-3 years depending on your level of involvement (labour cost) and the number of classes you want to run!
This is not a struggling business. We continue to do well year after year. The low cost model results in great profits from even just one location.
There is also the opportunity to expand this business with additional locations. We have the program and model which can be built into a franchise model. This is a brand that once stretched from coast to coast across Canada and could do so again with the right person or team.
Today it's much more of a social media game. We're expected to be entering 'boom times' again... so a great opportunity for someone to come in and make some great cash.
For the dominance in the market... this business should be commanding a much higher price for the ROI. We are #1 in Google for all relevant search terms, and now only 1 of 2 schools providing these services.
This also could be a hands-off business for you by hiring the right manager. It could be a hands-on business where you are part of the day to day activities. For the amount of fun the classes are, it is worth being part of the day to day activities. If you are wondering if you have what is required to succeed, all you will need is
Bonus skills, but you can hire people with these skills -
For the right buyer, I am willing to stay on and help with covering the occasional class or help out with training. I still really enjoy teaching and being involved. My reason for selling is retirement. It is time to do some serious travelling, but I am eager to cover the occasional class when back in Vancouver.
Serious inquiries only. I’m not looking for trades or alternate financing options. Email me with any questions and we can meet for a coffee. DO NOT DISTURB THE STAFF.
Check out the website. Find the contact page and send me an email or Whatsapp directly through the Fine Art website. Any inquiries through this site seem to be lost.