For anyone interested in living in or around Panama City, we own the master license for Color Me Mine in Central and south America. We closed our Panama store in 2019 after moving to the US in 2018. We have moved back to Panama and want to restart the business.
We are looking for an operating partner. We offer a Panama province license and a 50% partnership in the Panama Province studio for $40,000. The operating partner will draw a salary and the profits will be split 50-50 after that. We also operate 2 Color Me Mine studios in South Florida whose post-pandemic results are great. The cost to open a studio from scratch is $150,000.
This is a great business for an expat spouse. If needed, we can work with a buyer/partner to help with a Panamanian permanent residency application.