Tattoo Studio

UT

Tattoo Studio
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Asking Price: $450,000

Cash Flow: $195,121

Gross Revenue: $741,741

EBITDA: N/A

FF&E: $30,600

Inventory: $6,000

Rent: $3,600 /Month

Established: 2006

Tattoo Studio

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Business Description

Almost $200K adj.net income, room to grow

This award-winning, upscale shop caters to more professional clientele -- many of its works have been recognized over the years and featured in industry publications. The shop has a spacious lobby and seven private tattoo rooms. The rooms are fully equipped and kept neat and clean to ensure a sterile environment.

Currently, there are two artists plus the owner, with two others potentially joining. The artists are paid a commission of 50%.

In addition to tattooing, they sell merchandise in the shop and online, including t-shirts, tank tops, hats, paintings & prints, tattoo aftercare products, etc. There are also two vending machines and an ATM that bring in some revenue.

The financial information in this profile was taken from owner provided profit & loss statements for 2016 and 2017. A P&L for 2018 will be available soon and will be added to this profile. The owner states that it will be similar to 2017.

It is not essential that the owner be a tattoo artist but should have some knowledge and good management skills. Despite being an already profitable business, there is room to grow by adding artists to utilize the vacant rooms.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
approx. 2,800 sf
Support & Training:
2 weeks
Reason for Selling:
other business ventures
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(from currently available funds)
 
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Colliers International Mergers & Acquisitions

Business Listed By:
Elizabeth Bellit

Colliers International Mergers & Acquisitions

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