Semi Absentee Prime Location Craft Studio-521049-JR

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

• Listing Number: 9525-521049
• Location: Alexandria City, Virginia
• Price: 215,000.00
• Down Payment: 10,000.00
• Sellers Discretionary Earnings: 90,000.00
• Category: Crafts\/Hobbies


• Inventory: 20,000.00
• FF&E: 20,000.00
• Employees:
• Years Owned:
• Reason for Selling: Other Interests