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Description

San Diego Body Art, Tattoo, Piercing Shop for Sale! – Open for 2 Decades!
San Diego, CA – (San Diego County)
Seller Financing Available!
Zip Code: 92120

  • Asking Price: $175,000
  • Cash Flow: $35,250
  • Gross Revenue: $227,500
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Established: 1998

Business Description

Well established Body Art, Tattoo and Piercing shop has been an absolute neighborhood favorite in the greater San Diego area. It’s great location and talented artists are designed for profitability. It was the love of the industry that spurred Seller, who was instrumental in writing the San Diego body art laws now California State AB300 (that set safety practices and proper training procedures) and is currently working with NEHA and AFDO (FDA) on Federal Laws, as she continues to advocate for the tattoo business and artist’s community. Shop’s success is thanks to the Seller’s tenacity and having developed an exceptional knack for recognizing industry trends, talent and directions over the years.

The Seller is committed to customer satisfaction and meeting all expectations of a full-service body art shop; including carefully selected friendly, experienced, and talented artists. Many of the in-house artists have specialties. Income and revenue figures are three-year averages based on income statements provided by the Seller. Complete details available upon execution of an NDA.

Detailed Information

  • Employees: 6
  • Facilities: Shop is 1,000 square feet space located in a prime commercial strip mall on a busy street next to a beauty salon, near a sports bar, cigar lounge, and a strip club. Rent is less than $3,000 per month and lease does not expire until 2023
  • Competition: Is more intense downtown and in the heart of the city, but this central county shop is well positioned for outliers. The shop’s outstanding reputation keeps the chairs filled with both artists and customers
  • Growth & Expansion: The tattoo industry has gained mainstream acceptance in the last decade and revenue supports that trend, which is still on the rise. To capitalize, a Buyer could start local advertising and social media campaigns, especially with sites that are visual in nature.
  • Financing: If the price and deal structure are right.
  • Support & Training: Generous – 12 weeks and up to 150 hours.
  • Reason for Selling: Close to retirement.

Industry Trends:

Over the past decade, and especially over the past five years, tattoos have become unprecedentedly popular. Long obtained mostly by members of limited subcultures, the stigma surrounding tattoos has largely faded. About three in 10 Americans have a tattoo and that proportion climbs to nearly half among millennials.

This age group has been the driving force behind industry growth over the past five years because not only have more of them obtained tattoos, but those with tattoos have also obtained more than in any previous generation. As a result, the Tattoo artist industry’s customer base has expanded significantly, as has the revenue generated per customer. Over the five years to 2017, industry revenue is expected to grow at an annualized rate of 9.2% to $1.6 billion, including the growth of 7.6% projected in 2017 alone.

Demand for tattoos is driven primarily by demographic and cultural trends rather than economic forces. Industry revenue hardly declined during the most recent recession, and tattoo shops generally weathered the downturn far better than providers of other expensive discretionary goods and services.

Despite having the hallmarks of a luxury service, the fact that they entail permanent modification of the body makes industry services a spending category unto themselves. For example, one Pew Research survey found that among those deciding upon tattoo parlor, only 8.0% considered price a priority. As a result, the industry is expected to largely sustain its growth regardless of the income and consumer spending trends, barring an unforeseeable and dramatic cultural shift.

Over the five years to 2017, industry revenue is projected to grow an annualized 6.8% to $2.2 billion.

Contact info

Rick Carlson
Rick Carlson

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