DIY Workshop & Creative Studio-Create & Connect

Not Disclosed, NJ

Northern NJ

Asking Price: Annual Revenue:
$199,000 $278,367

Recreation: Entertainment

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RE: DIY Workshop & Creative Studio-Create & Connect Broker: Darren Smith

Quick Facts

Asking Price: $199,000
Annual Revenue: $278,367
Net Profit: Not Disclosed
Cash Flow: $112,474
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 15
BBN Listing #: 55484955
Broker Reference #: 3408-16980

Email or Print Listing

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Business Overview:

This business was opened in 2018 as a DIY Workshop & Creative Studio for people to create and connect with friends. The studio is located on a busy street with great visibility in an upscale Northern New Jersey Town.

The new owner will take over a business that has a large portion of repeat customers who book their outings weeks and even months in advance. The business hosts public and private events such as corporate team building, birthday parties, fundraisers and school / camp functions. Guests enjoy an instructor based workshop in a fun social BYOB environment.

The business can be run Semi Absentee and the new owner can work as needed. The pandemic was challenging as the business model is built on social interaction. The business adapted to the challenging times by offering DIY @home kits as well as increasing pre-made items for sale.

As the public response to Covid has leveled off the business is seeing a return to pre pandemic numbers. In addition to the return to normal the business has continued to grow through some of the additional revenue streams implemented during the pandemic.

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Property Features and Assets:

The workshop, studio space and storage is 1,800 sq. feet. located on a busy road with ample parking and high visibility in an upscale Northern New Jersey community. Assets = $14,500

Market Competition and Expansion:

The business offers workshops, hobby, craft, parties, team building, recreation, education, art classes. There is unlimited potential for growth as the pandemic moves behind us and corporate and school events happen in person again.

Reason for Selling:

Owner relocating.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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