Seller's Contact Information
- RE: Corks N Crafts Downtown Summerlin Asset Sale
- Contact: Mounir Bousaid
- License #: S.0178371
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $308,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 6 | |
BBN Listing #: | 45135142 | |
Broker Reference #: | 101-21754 |
Business Overview:
Prime Location in Downtown Summerlin Corks N Crafts for sale as a franchise. The Franchisor is selling their flagship location as a franchise. Walk in to consistent revenue and an established customer base. This upscale studio is designed for all ages – from art camps for kids to mimosa Sundays and team building for corporations. They have a full toolbox with all the supplies and power tools you need to complete your project. Enjoy a glass of wine or a handmade pizza while you craft with our full service food and beverage options. Please visit corksncrafts.com for more information on the franchise. For a quick response to your inquiry, please contact listing agent Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910).
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Property Features and Assets:
This is a leased location of 2,050 square feet with a Total monthly rent of $5,884. Lease ends 06/2025 with two 5 years options. Seller is active with 2FT and 4PT employees. Hours of operation are 3pm to 8pm Tue-Thur and 12pm to 8pm Fri-Sun. $5,000 in inventory and $75,000 in FF&E included in the asking price. $225,000 made in leasehold improvements. Beer and Wine license required.
Reason for Selling:
Focus on Franchising
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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