Board and Brush Creative Studio offers DIY wood sign workshops where customers create custom wood decor and personalized pieces. The business provides a creative, fun experience for guests, hosting workshops to make custom home decor items using wood, paint, and other materials.
Key Insights
- Board & Brush Creative Studio began as a single workshop offering a unique DIY crafting experience, evolving into a national network of studios where individuals can create personalized wooden signs and home decor through guided workshops.
- The franchise operates by providing customers with pre-designed projects and all necessary materials, allowing them to customize pieces with their choice of stain colors and paint. Instructors guide participants through the creative process in a social, party-like atmosphere.
- Operating within the thriving arts and crafts industry, Board & Brush taps into the growing consumer desire for hands-on creative activities, experiential retail, and personalized home furnishings, appealing to a broad demographic seeking both fun and a tangible take-home item.
Franchise Fee and Costs to Open
Exploring the financial picture of Board & Brush Creative Studio gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $75,489 - $99,761, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Yearly gross sales of $110,302 and estimated earnings of $13,237 - $16,546 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.9-8.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Board & Brush Creative Studio provides comprehensive training and resources for new franchisees. This includes an immersive, eight-day program at their headquarters in Wisconsin. Board & Brush Creative Studio offers ongoing support and operational guidance. They provide marketing tools and operational manuals to assist franchisees. Resources are available to help new studio owners launch and manage their business.
Legal Considerations
Legal considerations for a Board & Brush Creative Studio franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter a landscape with existing creative studios or entertainment options, requiring a focus on differentiation. Managing inventory for a diverse product range and scheduling instructors for workshops present operational considerations. The availability and cost of wood, paint, and other crafting materials from specific suppliers will influence profitability. Adapting marketing efforts to resonate with the local community is also a key factor.
Franchise Datasheet
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