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Paint and sip studios are mostly franchises, [3] [4] [5] and the industry has steadily increased in popularity since 2012. [6]The popularity of paint and sip companies among potential franchise owners is commonly attributed to the drive of professionals with marketing or business experience to "get out of Corporate America".
Dealers have to understand the business side of the art world. They keep up with trends in the market and are knowledgeable about the style of art people want to buy. They figure out how much they should pay for a piece and then estimate the resale price. They are also often passionate and knowledgeable about art.
It might not surprise you to know that paint’s business started to really pick up swiftly around 2021, the year U.S. homeownership rates hit a 9-year high. We were one year into a global ...
Insl-X had already acquired Coronado and Lenmar in 2004. Coronado includes value-driven interior and exterior paint and stain. Lenmar, a wood finishes business, was sold to Gemini Coatings in 2022. Benjamin Moore manufactures and markets commercial-use enamels, epoxies, and other specialty coatings under its Corotech line. [citation needed]
PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
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