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Outstanding Tattoo Studio in Town Centre Location

Market Harborough, Leicestershire

£37,500 +SAV

Ref: 2387

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Description

Hilton Smythe is delighted to introduce to the market All 1 Tribe tattoo studio. Originally founded by our client in 2010 the business has seen phenomenal growth, with a generous turnover of £75,000 with gross profit at circa 53%. All 1 Tribe are dedicated to the creation of unique and bespoke body art. The business has an outstanding reputation for its professionalism and has featured in International tattoo magazines, represented at nationwide tattoo conventions and has a presence on Facebook with over 3000 followers. The business further promotes awareness through its website www.all1tribe.co.uk giving details of the design process through to aftercare and gallery featuring the remarkable artwork. Our client advises that there is scope for further expansion within the business. Early viewing is highly recommended with the business genuinely coming to the market due to our clients other business interests.

Tenure

Leasehold

We are advised leasehold.The original lease length is 3 years with a rolling lease arrangement.Rent is £699 per month.

Hours

The business opens:- Sunday and Monday by appointment onlyTuesday to Saturday 9.00am – 5.00pm

Staff

The business is run by two full time Tattooist's who work on a self-employed basis with a 50/50 income split arrangement.

Financial Profile

The business reports a generous turnover of £75,000 with gross profit at around 53%.

Location

The business is located in the historical market town of Market Harborough in Leicestershire. All 1 Tribe tattoo studio occupies a prime trading location in the town centre amongst the plethora of retail outlets, eateries, public houses and the town’s facilities ensuring good footfall. The business is close to a public car park and benefits from a parking layby directly to the frontage. Market Harborough has a population of circa 23,000 as lies on the River Welland and has excellent transport links to nearby Leicester, Peterborough, Kettering, Coventry and Northampton. The town also boasts its own railway station which is within easy walking distance of the business.

Premises

Double fronted premise briefly comprising:- Good signage with large glass display windows. Waiting area with sofa and reception area. Curtained cubicle with treatment bed and shelving. Stairs leading to first floor:- Two hydraulic tattoo chairs with lamps, shelving units and display areas. Full length counter/work bench.Toilet facilities Sink area. The business benefits from an audible alarm.

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