Original list
$48,000
Resold at
$142,000
Uplift
2.96×
Attachments carried
4
Nonprofit & Ministry
Sanctuary Studios · Relist
Optioned, packaged with an operator and $180K soft-circle, back on market.
Original list
$48K
Resale list
$142K
Attachments
4
Package uplift
2.96×
Ownership breakdown
Full acquisition · Complete controlImplied valuation math
A full sale prices the business at the asking price — no extrapolation required.
What this stake conveys
You acquire the entire cap table. No retained founder stake, no minority consent rights, no ongoing dilution risk from existing holders.
Verified before listing
The founder attested to owning at least 100% and uploaded ownership evidence (cap table, operating agreement, or equivalent). Timber reviews entity standing and authority to sell before a listing goes live.
Retained-ownership impact
Founder retains 0% after this deal — clean full acquisition
Voting
Founder controls ordinary votes and board composition; buyer votes as a minority holder.
Information
Buyer receives quarterly financials, cap table updates, and annual tax documents.
Consent
Buyer consent typically limited to protective items: new share classes, dilution below a floor, sale of the company.
Voting
Even split — no side carries a vote alone. A tiebreak seat, casting vote, or mediator is written into the operating agreement.
Information
Full mutual access to books, records, and management reporting.
Consent
Effectively every material decision is a joint consent item, including budget, hiring of officers, and debt.
Voting
Buyer controls ordinary votes; founder can block supermajority actions.
Information
Founder keeps statutory inspection rights and ongoing reporting.
Consent
Founder consent required for charter amendments, recapitalization, and sale of the company.
Voting
Buyer controls the board and ordinary decisions; founder votes but cannot block.
Information
Annual financials plus notice of material events; inspection rights on request.
Consent
Consent narrowed to anti-dilution, transfer restrictions, and tag-along on a future sale.
Voting
Nominal voting weight; typically paired with a continued-involvement or advisory agreement.
Information
Annual reporting and K-1 or distribution statements only.
Consent
Drag-along applies — founder is carried along on a buyer-led sale.
Voting
Buyer holds 100% of votes. No minority holders to notify or convene.
Information
No ongoing reporting obligations to the seller after closing.
Consent
No consent rights survive closing beyond the purchase agreement's reps, warranties, and indemnity period.
Tiers describe standard market expectations. Exact voting, information, and consent rights are negotiated inside the option window and fixed in the definitive purchase agreement.
Marketplace comparables
Nonprofit & Ministry · 5 reference pointsThis listing implies $142,000 for the whole business — about 97% above the category median of $72,000.
Recent settled deals
| Deal | Stake | Price | Implied value | Closed |
|---|---|---|---|---|
Second Table Initiative Asset + program transfer | 100% | $72,000 | $72,000 | Feb 2026 |
Common Ground Collective Control transferred to sponsor | 51% | $58,000 | $113,725 | Nov 2025 |
Live listings in this category
Comparables normalize every deal to a 100% basis (price ÷ stake) so partial stakes and full sales can be read on the same scale. Benchmarks are directional — diligence during the option window sets the real number.
Staged disclosure · your current access
Preview any stage by clicking. Reach a stage by actually signing / paying / packaging.
The dossier
Everything attached to this deal.
Attachments travel with the listing, not the person. If a buyer walks, the deal stays exactly as strong as it was.
Talent & people
- Named GM with two prior studio exits, LOI signed
Capital & investor interest
- $180K soft-circled, regional family office
Financial verification
- Ridgeline CPA audit, clean opinion
Market & customer proof
- Membership waitlist of 240
Legal & IP
- Lease assignment consent secured
Brand & presence
- Identity system refreshed under option
Deal Log · permanent record
Every action, timestamped and travels with the deal.
Provenance certificate
0x6f7197a5bd71e
6/28/2026
Relisted
Jul 18, 2026, 9:00 AM
Package resurfaced with attachments intact.
actor · Cobalt Works LLC · provenance 0x3b0d4e52bd71e
$180K soft-circled
May 20, 2026, 4:00 PM
Regional family office indication.
actor · Cobalt Works LLC · provenance 0x-7efd1216bd71e
Named GM attached
Apr 26, 2026, 11:00 AM
Two prior studio exits.
actor · Cobalt Works LLC · provenance 0x53ec566cbd71e
Audit attached
Mar 30, 2026, 2:00 PM
Ridgeline CPA, clean opinion.
actor · Ridgeline CPA · provenance 0x5f51a4bebd71e
Option locked
Feb 2, 2026, 9:00 AM
12-month exclusive window.
actor · Cobalt Works LLC · provenance 0x-28ada73fbd71e
Original listing created
Jan 11, 2026, 10:00 AM
Provenance certificate issued.
actor · Devon Ashcroft · provenance 0x4e337db4bd71e