Business To Buy

DIY Workshop & Creative Studio-Create & Connect with Friends

New Jersey, New Jersey
No experience necessary to run this Semi Absentee business!

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.

Financials

Price: $199,000
Gross Income: $278,000
Cash Flow: $112,000
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #16980
Year Established: 0
Financing:
Training:
Facilities:
Competition:
Growth:
Business Listed By
Name: Murphy Business Sales
Company: Murphy Business Sales
Phone: 908-928-0088

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