Tattoo Studios for sale in Wallington

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Recently Fitted Tattoo Studio - Wallington

Wallington, Northumberland, England

  • Leasehold Price: £55,000  Price Reduced arrow_drop_down
  • Annual Turnover: £59,255
  • Annual Gross Profit: £58,225
  • Annual Net Profit: £50,605
Seller Reference: 7010
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Business Description
 
 
 
 
 
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Seller Reference: 7010
Request Details
Business Description
Town Centre Trading Position
Trading Figures To Yr End 31 Dec 2019
Annual Turnover £59,255
Gross Profit £58,255 / Net Profit £50,605
Full Financial Info Available After Viewing
Close To Train Station
Area Under Residential Development
Free Parking In Immediate Area
Fitted To A High Standard In 2017
Fully Equipped
Managed By Staff
Fantastic Online Reviews
Scope To Add Another Work Station
Potential For Additional Services
REF 7010 – Leasehold Tattoo Studio

Blacks Brokers are pleased to bring to the market this leasehold tattoo studio located in Wallington, Greater London.

INTRODUCTION

Dos Pistolas was established by our client in this densely populated area of Hackbridge in 2017 after a full refit. The business has quickly become very well known and has gained a strong base of regular customers as well as plenty of new trade generated by word of mouth recommendations. Our client has also ensured the business has an exemplary reputation with superb reviews noted on Google and Facebook. Dos Pistolas has a comprehensive website in place.

LOCATION

Dos Pistolas occupies a shopping parade trading position within a bustling area of Hackbridge town centre. The area is densely populated commercially with neighbouring business including independent retailers, offices and large multiples including Sainsburys Local. There are a number of schools and housing areas close by. The area is well linked by the A232 and A237 with excellent public transport links and parking is available in the surrounding area.

It is to be noted that there is a residential and commercial development nearby which is due for completion in late 2019.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s relocation abroad, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2017 at a cost of £375 per week.

STAFF

The business operates with four tattooists working on a self employed basis. Our client is not involved in the day to day management of the business.

FINANCIAL DETAILS

Dos Pistolas has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £65,000 and gross profit to be confirmed. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This is a newly fitted and fully equipped tattooing business which occupies a superb trading position and has a strong base of regular customers in place already. There is plenty of scope to develop the business further with the introduction of a strong marketing drive, additional services and the fitting of a fourth workstation. If a new owner would prefer to simply oversee the existing business, it already is running very well with minimal input. This proposition would ideally suit an owner operator who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Chairs x 3

All Tattoo and Blading Equipment
Trading hours:
MON - SUN: 11:00 - 19:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Dos Pistolas operates from the ground floor of a mid terraced retail property. The business has branding and signage on display above a glazed frontage fitted with metal roller shutters. Inside, the main studio is fitted with three workstations and all equipment required for tattooing and microblading. It is presented exceptionally well with tiled flooring throughout, quirky décor and has space for a fourth workstation to be added. There is also a private kitchenette and toilet facilities to the rear along with a decked outdoor area. All areas are presented very well.

Location Details:
Wallington
Leasehold Term:
£375 Per Week
Listed by:
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