Author Topic: Can I make $5,500 a month for rent as tattoo shop owner  (Read 864 times)

Kylo

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Can I make $5,500 a month for rent as tattoo shop owner
« on: March 08, 2020, 04:15:47 am »
We are in the process of trying to open a tattoo studio in Houston, Texas on Westheimer and Fondren.

They're asking $5,500 and its a good size space...but that sounds almost impossible! Am I wrong? My husband does not make nearly that much working for other shops but is it a lot different on the owners side of income? What about electricity and water?

Any other tattoo shop owners out there or people with insight? Can we do this?

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Saint

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I would say, you gotta be kidding.
How much do they charge for a tattoo in the area?
How much business do you expect? Multiple that by job and that's your "revenue".
Then add up the expenses. Utilities, supplies, salaries, license fees, insurance, etc.
Add that to the rent, and you got yourself "break-even".

Kylo

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I would say, you gotta be kidding.
How much do they charge for a tattoo in the area?
How much business do you expect? Multiple that by job and that's your "revenue".
Then add up the expenses. Utilities, supplies, salaries, license fees, insurance, etc.
Add that to the rent, and you got yourself "break-even".
Ah do you think i shouldn't except  this kind of business ?

Saint

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I would say, you gotta be kidding.
How much do they charge for a tattoo in the area?
How much business do you expect? Multiple that by job and that's your "revenue".
Then add up the expenses. Utilities, supplies, salaries, license fees, insurance, etc.
Add that to the rent, and you got yourself "break-even".
Ah do you think i shouldn't except  this kind of business ?
The business you expect? Clearly that's not going to happen just as you open. So you have to have spare money to "burn", so to speak, until business ramp up.

Creed

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I have no experience with tattoo shops, but in general you need to have enough equity (savings, home equity loan, small business loan) to run for two or three years before you start making a profit...you need that amount of time to build up enough of a customer base to make a go of things.


Kylo

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I have no experience with tattoo shops, but in general you need to have enough equity (savings, home equity loan, small business loan) to run for two or three years before you start making a profit...you need that amount of time to build up enough of a customer base to make a go of things.
So what do you think what i can do ?

Creed

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I have no experience with tattoo shops, but in general you need to have enough equity (savings, home equity loan, small business loan) to run for two or three years before you start making a profit...you need that amount of time to build up enough of a customer base to make a go of things.
So what do you think what i can do ?
You need to sit down and figure out what your expenses are going to be, and then see if you can realistically pay those bills. You might start by going the other way and figuring out how many customers your husband has now and how much money they are bringing into the shop.

Kylo

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I have no experience with tattoo shops, but in general you need to have enough equity (savings, home equity loan, small business loan) to run for two or three years before you start making a profit...you need that amount of time to build up enough of a customer base to make a go of things.
So what do you think what i can do ?
You need to sit down and figure out what your expenses are going to be, and then see if you can realistically pay those bills. You might start by going the other way and figuring out how many customers your husband has now and how much money they are bringing into the shop.
Your suggest is good do you have any tattoo business ?

Creed

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I have no experience with tattoo shops, but in general you need to have enough equity (savings, home equity loan, small business loan) to run for two or three years before you start making a profit...you need that amount of time to build up enough of a customer base to make a go of things.
So what do you think what i can do ?
You need to sit down and figure out what your expenses are going to be, and then see if you can realistically pay those bills. You might start by going the other way and figuring out how many customers your husband has now and how much money they are bringing into the shop.
Your suggest is good do you have any tattoo business ?
As I mentioned, I don't know the tattoo business, and I don't even know Houston. But I think $5500 is  probably WAY too much for a startup, especially considering that you are going to have other expenses: salaries, insurance, shop supplies, etc.

Creed

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The incontrovertible fact that the artist 'could not care much less' is a massive obstacle and one who the landlord demands to be trained of. I've under no circumstances heard of peroxide being ready to take off a tat - laser removing is, so far as I understand, the one method.