Asking price: £50,000

Sales revenue: £125,000

Net profit: £50,000

Fixtures value: £4,000

Stock value: Undisclosed

Business description
The particular highlights of the business are:
• The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered.
• Ideally located concern offering excellent lifestyle.
• A well established business.
• Good loyal clientele.
• Fully equipped business with favorable lease terms (see below).
• Turnover in excess of £125,000 with a net profit of £50,000. (See financial summary below). This is very impressive considering the credit crunch.
• A business with great potential which has not been exploited because the owner wishes to move abroad.
• An easily run operation.
• Good loyal well trained staff.
• A good first time buyers business.

Phoenix Business Transfer Agents are delighted to place onto the market his thriving tattooist and piercing concern which has been established since 2003. The business has been in the hands of the current owner since 2003 and he now wishes to sell due to retirement.

This very good business opportunity provides a tattoo and piercing service. They charge £60 per hour with a minimum charge of £30.

The concern employs 2 staff. Both are full time and are self employed.. All staff would stay on after a sale and the staff could also manage the business.

The owners’ role is as a tattooist and he works full time.
The owner does no marketing for the business.

As far as competition is concerned there is no other tattooist in the area.

The client base consists of all types of locals.

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include days off and later openings.

• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.

The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Property Details
The property is terraced and is part of a parade of shops and is approximately 35 ft x 35ft. The front is branded with an attractive glass front. The main customer area is very well and conveniently laid out with a lot of imagination.

To the rear is the tattooing area with 2 chairs and a fully equipped area. There are a toilet and staff facilities and a fully equipped kitchen.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £4,000.

Financial Details
The present turnover is £125,000 per annum with a gross profit of 95% and a net profit of £50,000. The present value of the stock is negligible and the fixtures fittings and equipment are worth £4,000.
In 2008, the turnover was £125,000 . The potential turnover of the business within the next 2 years is forecast to reach £150,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Years established: 6 years

Employees: The concern employs 2 staff

Trading hours: The business operates from Monday to Sunday between 10.30am and 6 pm except Wednesday and Sunday when it is closed.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
The business operates from Monday to Sunday between 10.30am and 6 pm except Wednesday and Sunday when it is closed.

Location
This superb business opportunity is situated in Southampton in the County o f Hampshire .It is on a main arterial road and enjoys much traffic flow and there is a good foot flow of pedestrians. There is a residential area surrounding the property and it is within a commercially thriving part of the area. There is ample free parking outside. The business is part of a large parade of shops.
The Southampton town centre is 4 miles away.

Expansion potential
The concern has huge potential. In particular the turnover and profits can be increased by: • Increasing the marketing activity with direct mailings and local and internet advertising. • Increasing the opening hours to include days off and later openings. • Becoming more efficient with staffing levels. • Working more hands on hours and saving on wages. • With the introduction of a website and e-commerce.

Competition / Market
As far as competition is concerned there is no other tattooist in the area.

Support & training
The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Reasons for selling
The business has been in the hands of the current owner since 2003 and he now wishes to sell due to retirement.