Successful Creative Market, Bar, and Workshop for sale

Wawatosa, WI (Milwaukee County)

Seller Financing Available
Bar area
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Asking Price: $34,000

Cash Flow: $39,000

Gross Revenue: $125,000

EBITDA: N/A

FF&E: $11,000

Inventory: $3,000

Rent: $3,781 /Month

Established: 2014

Successful Creative Market, Bar, and Workshop for sale

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Business Description

Successful Market, Bar, and Workshop for sale!

GreyHouse is a one-of-a-kind creative market, bar, and DIY workshop! Customers can enjoy shopping in the boutique for locally made goods, having a craft cocktail in the beautiful bar, or exploring the creative possibilities in the workshop. GreyHouse currently has a high degree of repeat business and is a hugely popular private event location. GreyHouse hosts a number of corporate events, team building, bridal celebrations, and more. This is a great business for the creative entrepreneur who wants to hit the ground running with a loyal customer base and a calendar filled with future bookings and events. This incredible opportunity and business is only available because the owner has to relocate out of state quickly. Because the owner is interested in a quick sale, the business is priced well under market value and offer the new owner a great deal of equity from the start.

Detailed Information

Location:
Wawatosa, WI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
GreyHouse is 3300 sq feet and includes the retail area and (future) coffee bar, bar area and lounge, and the 1000 sq foot diy workshop. The bar area also has a 700 sq foot garden patio. The sale includes all current inventory, fixtures, tables, equipment, and supplies.
Competition:
GreyHouse Is located in the popular Village of Wauwatosa on a high traffic street with great visibility. It is located immediately adjacent 3 luxury apartment communities and was recently plumbed for a coffee bar addition. There is also a neighboring tenant (a dog daycare) that has a 100 customers a day driving right past the front door. The cafe addition would serve not only those customers, but would serve the many commuters driving past on their way downtown each morning. There is currently no other creative DIY workshop in Wauwatosa.
Financing:
Seller willing to finance 10,000
Support & Training:
The new owner is willing to provide training and support remotely for 2 months.
Reason for Selling:
Current owner is relocating out of state.
Business Website:
http://www.greyhousecreativemarket.com
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Business Listed By:
Kerry Krienitz

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