Popular On-Trend Crafted Wood Studio Decor Busines

Not Disclosed, TX
Collin County

Collin County

Asking Price: Annual Revenue:
$75,000 $85,000

Recreation: Entertainment

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RE: Popular On-Trend Crafted Wood Studio Decor Busines Broker: Linda Broom
Owner Financing is Available!

Quick Facts

Asking Price: $75,000
Annual Revenue: $85,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 1
BBN Listing #: 756152115
Broker Reference #: 69071-350999

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Business Overview:

Crafted Wood Craft Studio is an instruction-based business, offering customers quality step-by-step instructional workshops of crafting wood signs and decor in a fun and safe environment. Because Crafted is a bring-your-own-beverage establishment, customers can sip on their choice of beverage while having fun creating a one-of-a-kind woodcraft for their home or to give as a gift. The business also offers public workshops for small groups and private parties, as well as corporate team building events and kid-friendly events, such as birthday parties.

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Property Features and Assets:

Crafted Wood Craft Studio is the assumed name for M&M Creative, a Texas Limited Liability Company, founded on February 12, 2016, by Melissa and Melissa, together with their respective husbands, Philip and James. The company reorganized in June 2018, with Melissa and Philip resigning from their positions within the company to pursue career opportunities in Houston, TX, leaving Melissa and James to take over full ownership of the business.

Market Competition and Expansion:

Since opening its doors in 2016, there has been a surge of DIY-based businesses opening in the market, including Board & Brush, AR Workshop, The Board Bar, and Texas Wine & Wood all located within a 20-mile radius. Potential Growth Crafted is a fully established business with enormous growth opportunities. Crafted prides itself on the high degree of repeat business and is a hugely popular private event location for special occasions, corporate team building events, and children’s birthday parties. The right buyer could set up as many duplicate studios in the 100-mile radius area or expand into a new territory by opening additional locations or by franchising. The process created has been perfected and proven, establishing the groundwork to easily franchise. The sky is the limit as what you can offer through a DIY Workshop from the kind of workshops offered in collaboration with other local businesses, to in-store retail opportunities, to renting the space out for other vendors or teachers to utilize.

Reason for Selling:

other venture

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 not a franchise resale opportunity.

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