The team at Pinot & Picasso has returned from a well-earned break and are ready to tackle 2021!
After seeing incredible growth over the last six months, we reckon it’s time to seize the opportunity to jump on board the Pinot & Picasso train. We tend to take “New Year, New You” relatively seriously.
While we still live in a time full of uncertainty, we’ve experienced first hand that the P&P Business Model can withstand even a pandemic. The digital nature of our company and our ability to adapt to the business climate is a key strength we pride ourselves on.
We believe 2021 is the year to take the bull by the horns and make it your best year yet! So… why is now a good time to invest in Pinot & Picasso?
- Better leasing opportunities
With some businesses struggling landlord and tenants are seeking favourable terms, or looking to enter/exit existing rental agreements. This leaves some room to negotiate when looking to lock yourself into a lease, obtain reasonable fit out costs or additions that add value to a vacant tenancy. At this point in time, even obtaining rent free periods to help manage your cashflow is more favourable in the current climate as you look to gain traction with your Pinot & Picasso studio.
With the Jobkeeper scheme coming to close in March, some workers may be looking for an opportunity else where. Finding reliable help has always been hard to find, so a potential influx of talent in the market presents the opportunity to get the best of a greater pool of suitors. In terms of finding excellent, customer service orientated paint & sip host – your chances couldn’t be better with the available number of hospitality and retail staff in today’s climate.
If anything shows us that the market is hungry for entertainment opportunities – it’s the number of franchises we’ve sold during and after COVID, and the sales we’ve taken since July have gone through the roof. From July to December last year, we grew from 12 studios to 36 nationwide. The figures don’t lie and this rapid growth proves there are no shortage of investors chasing new opportunities like a Pinot & Picasso studio.
- Less competition in the market
With restrictions still causing havoc, there is currently less competition for our entertainment market segment than ever before. Venue’s are slowly re-opening, live music and events are on hold and places like movie theatres restricted on the numbers they can sit in their spaces. This leaves our studios to thrive (with slightly lessened numbers) week in, week out. Unlike our competitors, we’ve worked exceptionally hard to keep our customer base engaged in the brand. Initiatives like the Pinot & Picasso Art Box has left us standing strong against the rest.
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