- List Price: $450,000
- Sales: $741,741
- Adjusted Income: $195,121
- Down Payment: NA
- FFE Values: 30600
- Inventory: 6000
- R.E. Value: NA
- Location: Utah
- Category: Personal Services
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.