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Wine & Design Art Studio - Fantastic Opportunity!
North CarolinaListing DetailsOffice ID: CRAFTS1
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $65,000
Gross Revenue: $62,000
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will consider some financing to the right, qualified buyer.
Reason for Sale:
Owner pursuing other business interests.

Training:
Seller will stay to train a new owner, length of time is negotiable.

OperationsYear Established: 2017
Last Acquired: 2017
Form of Ownership: LLC
Employees (contractors): 3
Managers: 1
Business Hours: M-F, 6:30 pm – 8:30 p.m., Sat: 12-8:30, Sun: 12-4, and by appointment.
Summary
Business Description:
If you are an entrepreneur looking to own a fun, profitable and rewarding business, look no further than Wine & Design art studio!  Wine & Design is a fantastic opportunity for couples, baby boomers or millennial entrepreneurs looking for a great business model, which includes full franchise support. This paint & sip (BYOB), DIY art studio provides patrons with an artist-instructed experience and targets the individual, couples and groups. The potential to grow and expand the business through the On-Wheels, DIY, Art Buzz Kids and Team Building divisions are unlimited!  All assets of this turnkey studio are included in the purchase price. In addition, the W&D franchise offers a professionally managed, proven concept that allows experienced investors the opportunity to expand their portfolio and maximize their investment.  Some Advantages of owning your own W&D Studio:  ·      Affordable franchise opportunity: full franchise support with owner financing available to purchase this established territory.  ·      Connect with your community: Get to know your neighbors by providing a fun & entertaining experience that allows both you and them to be creative and artistic.  ·      Be your own boss: this business is great for the first time business owner!  This opportunity will not last in this growing market – inquire today!
Historical Summary:
Owner purchased this franchise from the previous LKN owner in Cornelius and moved to current location in Huntersville in October 2017.

Owner Qualifications:
Marketing, organized, people person / customer relations, social media skills, basic business / accounting skills, employee relations, entertaining people and a love for arts and crafts is a definite plus!

Competition:
This area is a huge arts & crafts supporter!  This studio competes with area competition based on the services that we offer, artist-led sessions, and team-building events, parties for adults and children.
Potential Growth:
The potential growth is limited only to a new owner's time commitment and dedication to the business.
LocationType of Location: Strip Center
Lease Expires: Oct 1, 2022
Monthly Rent: $3,883
Square Footage: 2000
Facilities:

This business is located in a busy strip center, with more than adequate parking.


--Paid By: Buyer
Last Updated: Aug 3, 2019 / 10:51 AM
Financial Information Current as of: Jul 31, 2019 / 12:18 PM