The company delivers market-leading, exceptional piercing services, utilising a full training and monitoring programme to ensure the safety of its processes.
The highly knowledgeable staff can undertake a vast array of piercings. Materials such as metal, acrylic and semi-precious stones are available for the jewellery.
Piercing services are complemented by the sale of alternative clothing, band merchandise, hair dye and accessories.
Our clients are now selling the company to facilitate retirement plans. Offers invited.
Key Highlights
- Boasts strong supplier relationships in Asia, whilst also offering some of the sector’s leading brands.
- Experiences a continual stream of national custom in its stores, as well as international orders via its website.
- Strong second-tier management team and Store Managers, who are able to undertake day-to-day operations with minimal input.
- Operates from multiple and strategic locations across the UK.
- Continually expanding, with new stores in the pipeline and a goal to have an outlet in every major UK city.
- Ideally positioned with adaptable infrastructure to keep in line with evolving trends within the piercing industry.
- Scope for growth through the advancement of the products and services; refurbishment and relocation of existing stores; launch of new stores; and increased sales and marketing activities.
- Its process can be implemented and rolled out within a larger group.
Financial Highlights
YE23 turnover of c.£6.8m, with an adjusted EBITDA of c.£1.7m.
Management turnover of £7.8m in YE24.
Turnover forecast to increase to £9.6m in YE25.
Average gross profit margin of 68% between YE20 and YE23
