3145 NE 9th St, Fort Lauderdale, FL 33304 For Sale

Business Description

Profitable Tattoo Business for Sale in Prime Location – 10+ Years in Business

This well-established tattoo shop has been a staple in the community for over 10 years, with a stellar reputation and a loyal customer base. Located in a highly sought-after area, this business benefits from excellent foot traffic and walk-ins, especially during peak seasons. The shop has distance rights, which is an invaluable asset in today’s market, as the city is no longer issuing new permits for tattoo shops.

The business comes with all the necessary licenses and permits, making it a turn-key opportunity for someone looking to step into a successful venture with low competition in the area. The shop has a team of skilled artists, all with over 5 years of experience, some of whom have tattooed celebrities and influential individuals in the community. This strong, experienced team adds significant value to the business and is well-established with a loyal clientele.

The space is expansive, with 6 tattoo stations on the first floor and 4 on the second floor, providing ample room for future growth. There is plenty of opportunity to expand further by adding more stations to increase revenue. The shop has a reputation for excellent quality, which attracts both walk-in clients and repeat customers. Building Size1,695 SqFt. Monthly rent is on the P&L as an expense.

The owner is ready to downsize and pursue a career as an artist, which is why he is selling. However, he is willing to stay on and continue working as an artist if desired, offering valuable continuity for both clients and staff. This sale is being made at a fair multiple to Net Operating Income, giving the new owner an excellent opportunity for profitability.

The space itself is valued not only for its reputation and potential but also for the permits it holds. The landlord is accommodating and has been extremely supportive, particularly during the pandemic when tenants did not have to worry about rent payments. This supportive landlord-tenant relationship is an added benefit for anyone stepping into the business.

If you’re looking for a well-established business in a low-competition area with a reputable name, highly experienced artists, and significant growth potential, this is an opportunity you won’t want to miss.