A 5 Star Rated Tattoo Parlor, with a large repeat clientele, and steady new customer walk in business. This business can be an outstanding opportunity for either an Artist wanting to own their own Parlor, or a non Artist with strong Marketing and Management background. Due to circumstances beyond their control the Revenues have dropped slightly for 2017, however, they are in the process of bringing in additional Artists to return the business to the higher Revenues of previous years. Located in a very busy shopping center in Northern VA, it is a great location, with a very high Upside for Growth. Don't miss this top Rated Business.
About the Business
Number of Employees:
3 FT, 1 PT
Building Sq. Ft.:
$2,841.00 Per Month
1,800 Square Feet, with total current monthly rent of $2,841, and a Lease term of 9 Years.
Standard Tattoo Parlor competition in the area.
Growth & Expansion:
Bringing in additional Artists to fill the space/rooms available, along with doing more Marketing and Advertising.
Asking Price: $95,000 Gross Revenue: $200,001Cash Flow: $25,501 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $11,001 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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