Semi Absentee Prime Location Craft Studio-521049-JR

Listing Number: 9525-521049

Description

This established franchise craft studio is located in a highly desirable business district. The owner recently invested in renovating both the craft studio space and building out a boutique gift shop which has contributed to the growth. Expansion of the gift shop and increased classes and event offering are strong growth drivers for the opportunity.

This turn-key business opened in 2017 and the owner has been very involved in the local community and has developed a strong local network, robust client list, and established a strong brand presence and social media following. The business is staffed with 10 fully trained part-time employees. The craft studio and retail gift boutique are fully stocked with approximately $20,000 in inventory and $20,000 in FF&E. The sales price includes all assets and inventory, fully trained staff, and training support provided from both the national franchise and current owner.

Listing Details

• Price: $215,000
• Down Payment: $10,000
• Sellers Discretionary Earnings: $90,000
• Total Sales: $345,000
• Location: Alexandria City, Virginia


• Inventory: $20,000
• FF&E: $20,000
• Employees:
• Reason for Selling: Other Interests
• Category: Crafts/Hobbies