Wood Worx DIY - Lewisville TX

Lewisville, TX (Denton County)

Seller Financing Available
Wood Worx DIY - Lewisville TX
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Asking Price: $50,000

Cash Flow: $7,300

Gross Revenue: $80,000

EBITDA: N/A

FF&E: N/A

Inventory: $2,000

Rent: $2,522 /Month

Established: 2018

Wood Worx DIY - Lewisville TX

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Business Description

Unique affordable opportunity! Owner finance available.

Owner financing available. $15,000 down, the remainder owner financed over 3 years at a fixed 10% interest.

WoodWorx is a creative workshop that provides everything you need to build a fun DIY project with all the materials and guidance provided. Make a custom sign, a decorative shadow box, or even a personalized coffee tray. We help you build and finish a project you choose. So plan something different for date night, corporate team building, a night out with friends, birthday parties or just gather up the family for a few hours and set your creativity free!

Wood Worx DIY has private classes and events for hands-on crafting that can fit for family get togethers, wedding parties, corporate team building, church outings, and everything in between. Everything you need for a creative DIY experience is provided along with the skills and knowledge to bring it all together. And, the best thing is you get to take your finished project home with you.

WoodWorx DIY Creative Workshop was founded by 2 buds, Eli and Henry. These two seasoned business owners are passionate about woodworking, having fun, dreaming, teaching, learning and most of all entrepreneurship. WoodWorx DIY is all of that wrapped up in one package. Why not create your own unique, custom wall art instead of buying a mass-manufactured sign at a store? It’s less expensive, more fun and you can be proud of what you created with your own two hands. Using raw wood, sand paper, an assortment of tools, paint, distressing, stain and a personalized stencil (we have an array of designs to choose from) everyone can achieve this! No wood working experience is necessary. Our classes give step-by- step instructions so all projects that go out the door are wall-worthy.

The studio is in Lewisville, TX , a growing suburb of Dallas-Ft. Worth. The studio that we have listed for sale opened in 2018. The current owners run several businesses and have found it difficult to devote the time to the studio that it needs. This business has the potential to grow with an active owner/operator. One of the owners is about to move to Arizona for family and the other owner won't have the time to run the studio himself.

Simply put, it is best for an acquirer of a business to purchase an existing studio such as this one rather than starting up this concept as new. This business has already gone through the time consuming, financial commitment to building out the location & building the customer base, so why start from scratch? If you have a passion to deliver a rewarding experience to your guests and consider yourself a people person, then this business is a fit for you! If this business opportunity is of interest to you, please submit an inquiry through the business for sale website you are currently viewing this business.

Detailed Information

Location:
Lewisville, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
3/31/2023
Employees:
2
Facilities:
An attractive studio venue in a mall strip center that has popular local & nationally branded retailers as its tenants. The assets include furniture,fixtures, tools, and supplies needed to run the business. The 2100 sq. ft. studio/social room lease runs through March 2023. Current base rent is $10.00 per sq. ft. plus triple net ($3.80). A website and booking system are also included to facilitate customers.
Competition:
While there are other Social Art Studios in the DFW metropolitan area, none nearby provide what Wood Worx does. This business comes with a good social media presence and captured customer list.
Growth & Expansion:
A fully involved owner can improve sales & profit. This business requires the attention of it's owner. Currently, classes in the studio are only on weekends but it can be expanded to the rest of the week. Profits are directly related to effort of the owner.
Financing:
15000 down, the remainder owner financed over 3 years at a fixed 10% interest
Support & Training:
No prior wood working experience needed. We will train you in all aspects of the business and provide ongoing support to help you be successful.
Reason for Selling:
The owner is moving to Arizona for family.
Business Website:
http://woodworxdiy.com
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Business Listed By:
Eli Lane

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