Pinot's Palette Announces Successful Q2 Putting Company On Track for Record-Breaking Year
Fastest-growing paint and sip franchise has signed 35 deals YTD
HOUSTON, July 14, 2015 /PRNewswire/ -- Pinot's Palette, the first and only international franchisor of paint and sip studios in North America, today announced a successful Q2 that has helped the company award a total of 35 franchise agreements in 17 states and Canada so far this year.
The award-winning organization known for providing guests with an entertaining evening of art and wine awarded 19 of those locations in April and May as the company emphasized select markets and qualified franchise partners for more strategic and rapid growth.
Looking ahead to the second half of 2015, Pinot's Palette plans to sign only an additional 29 franchise agreements in select territories by year-end, reaching its projected goal of 60 new locations and positioning the company for a historical year of expansion. Last year, the company signed franchise agreements for 41 locations, the best year yet for the company.
"We're thrilled at the record-breaking growth we are seeing in the Pinot's Palette franchise opportunity," said Craig Ceccanti, Co-Founder and CEO of Pinot's Palette. "This year is really shaping up to be a significant one in Pinot's Palette franchising history. We will continue to capitalize on this momentum and set our sights on franchise development success in the second half of 2015."
Ceccanti said he believes new markets represent a tremendous growth opportunity for Pinot's Palette as the company moves forward with its franchising goals. The company is currently looking to expand its presence in Atlanta, Boston, Charlotte, Long Island, Miami, Philadelphia, Phoenix, San Antonio, San Jose, Seattle, and Washington D.C.
Last quarter, Franchise Business Review, an independent research firm that conducts one of the most respected national surveys on franchise owner satisfaction every year, ranked Pinot's Palette as the highest rated franchise in the paint and sip category.
"All of this would not be possible without our amazing network of franchisees, and our commitment to our franchisees' continued and lasting success," Ceccanti said.
Pinot's Palette currently has 132 studios open or in development in 33 states and Canada, giving the brand the largest footprint of any paint and sip concept in the industry.
To locate the nearest Pinot's Palette studio, or for additional information on franchise opportunities, visit www.PinotsPalette.com.
About Pinot's Palette
Pinot's Palette is a pioneer of the paint and sip experience – a revolutionary way to enjoy art and wine, meet new people and bond with friends. With 132 locations across 33 states and Canada, and new locations popping up monthly, Pinot's Palette is the world's fastest growing paint and sip franchise. Guests enjoy a no-experience-required art class—all supplies included—directed by trained, local artists, who guide guests step-by-step through a featured painting. By bringing fun, modern and creative ideas to their events, Pinot's Palette curates a unique, rewarding experience while providing a worthwhile contribution to the community. For more information, visit www.PinotsPalette.com.
SOURCE Pinot's Palette
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