ArteVino Studio
Premier art and wine studio offering BYOB paint-and-sip art classes, private parties, birthday parties, team-building events, and open studio painting sessions for children and adults.
Your franchise match score
Education
Brand highlights
- CEO
- Headquarters720 Monroe Street, Hoboken, NJ, 07030
- Year founded2017
- Year started franchising2017
- IndustryEducation
- Locations open5 (+3 last three years)
Statistics & metrics
- Investment range$99,800 - $129,850
- Franchise fee$25,000
- RoyaltyFor the first 26 weeks of operations of your Franchised Business, the Royalty Fee payment will be equal to 5.75% of weekly Gross Revenues on the first $250,000.00 of Gross Revenues each calendar year and 5.25% of Gross Revenues on amounts over $250,000 each calendar year. Beginning on the 27th week of operations, the minimum Royalty Fee payment is $150 per week. If the applicable percentage of Gross Revenues exceeds that amount, you will pay the greater amount.
- Brand fundUp to 2% of weekly Gross Revenues. Brand Fund Contribution is currently 1% of Gross Revenues.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Education industry:
Education franchises focus on supplemental learning, tutoring, and test preparation. This sector is rewarding for those who want to make a positive impact on students’ lives while running a profitable business.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2018-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about ArteVino Studio, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of ArteVino Studio's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving ArteVino Studio, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a ArteVino Studio franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information ArteVino Studio provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 5 |
| Franchise locations | 0 |
| Corporate locations | 5 |
System growth over time
FAQs
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