FOR SALE
632522
An exceptional opportunity awaits to own and operate one of the finest custom tattoo studios in the UK. Nestled in the picturesque region of Devon, this established studio has been serving clients since 2014 and is located in the vibrant seaside town of Paignton, which lies between Torquay and Brixham. The Misfits Tattoo Collective is known for its commitment to excellent craftsmanship and exemplary hygiene practices, holding the gold standard for cleanliness in the industry.
The studio occupies the entire first floor of a prominent historical building situated in a bustling area of Paignton. Directly across from the heritage steam train and cinema, set to reopen later this year, the location sees regular foot traffic from both tourists and locals alike. The main street leads directly to the waterfront, surrounded by a variety of shops, restaurants, and arcades, making it an ideal spot for attracting customers.
Accessibility is excellent, with in-road parking available and both the bus station and train station located just a short walk away. With strong rail links, this location can draw clientele from all corners of the country.
The studio itself showcases the dedication and hard work that has gone into its establishment, boasting an eclectic design inspired by the rich history of tattooing. The interior is well-maintained, featuring spacious areas with wooden flooring, large windows, and high ceilings, creating a welcoming atmosphere. Currently, the studio is operated by a husband-and-wife team, along with a local piercer, Miss Sharps. There is considerable potential for expansion, as the studio’s generous size allows for increased business, especially since walk-ins have been limited for years. Operating from Monday to Friday, there is ample opportunity to extend hours to weekends and evenings, which are in high demand.
The layout includes a downstairs foyer that leads to a staircase up to the main floor, where you will find three main working areas, a waiting area, and a consultation gallery. The reception area features a vintage bar, adding to the studio's unique charm. The sterilization room is spacious and maintained to meet high standards, along with a dedicated storage area for waste disposal. Additional facilities include customer washrooms and separate staff washrooms, ensuring a professional environment.
The exterior boasts professional signage that highlights the studio’s distinct features, making it easily recognizable. The studio currently maintains a presence on Facebook and Instagram, although there is significant potential to leverage these platforms more effectively to enhance marketing and engagement.
Prospective buyers will benefit from securing a brand new leasehold, as the property owner is eager to pass the business on to a stable and reliable investor. At an annual lease rate of approximately £8,100, this opportunity represents excellent value, particularly as the property is below the valuation level and incurs no business tax. The profitability of the studio is noteworthy, with a positive trend in turnover over recent years.
The asking price for this established tattoo studio, located in the bustling town center of Paignton, is set at £45,000, with all stocks included in the sale. This is an attractive business opportunity for anyone seeking a unique venture in a prime location with a solid track record of success.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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