Business Summary

Business Overview:
- The business is a home-based tattoo studio in Maharagama, Sri Lanka, with plans to transition into a physical location to further expand market reach and capitalize on the existing client base.
- Strong client base with daily appointments and walk-ins, with a 60-80% repeat customer rate, indicating a loyal customer following.
- An average of 15 to 20 customers served monthly, with a starting price of LKR 7,000 for a 1-inch tattoo, indicating a stable and profitable business model.
- Active and engaged social media presence, with strong followers and a 5/5 Google rating, providing a significant online visibility and marketing platform.
- Global appeal and attraction for artists via social media, providing potential for international expansion and collaboration opportunities.
- Three experienced artists with a collective 11 years of experience, providing a skilled and capable team to deliver high-quality services.
- The business currently generates a monthly revenue of LKR 100,000 and last year generated an annual revenue of LKR 1 million with 40% as the operating profit margin.
- We estimate a revenue of LKR 200,000 per month once we set up our shop.
- The company is yet to be registered.
Products & Services Overview
The business's top-selling services are tattoos and piercings.

Assets Overview
Tangible assets:
Tattoo equipment, tattoo chairs, tools, and all other supplies such as portable beds, lights, machines, and stations.
These assets are worth LKR 700,000 but will not be a part of this transaction.

Facilities Overview
Currently, we are operating as a home-based tattoo studio in Maharagama, Sri Lanka, and incur a monthly rent of LKR 45K.

Capitalization Overview:
Currently, there is no loan attached to the business.
The business was founded 5 years ago by 3 family members.
The business is yet to be registered but the promoter takes all the major decisions.

Please contact us for more details.

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