Topic: Addikted2Ink Tattoo Studio - Seeking startup investor(s) (Read 6582 times)

Due to this troll, serious inquiries can contact me via email at [email protected]

Thank you,
MIke

bump.......

I made an account at Havelock Investments, i sent them an email aswell as how to get setup on their website. If I can't, i would be willing to offer my DOX if that would help any at all.

Looking forward to doing business with everyone.


PS: I have setup a password protected page that i will put all my DOX information on for investors.

It has came to my attention that if i offer a bit more of a %' that would help. We will be calculating that up and posting an update.

Mike
Addikted2Ink Tattoo Studio
[email protected]

Thanks for your response. How would I go about doing that? Do you have a link? I wouldn't mind at all, aswell with the DOX, most people already have my dox. But i'm willing to do whatever is needed.

Thank you,
Mike

Just read through your last couple pages of comments, and I must say, I like the idea and always love investing in these type of companies (even possibly have one of my own in the future, throwing around some ideas)

Have you thought about listing on havelock investments?  Personally for me to invest anything sizable into something like this I would need to meet and know you and help and yaddah yaddah...who has time for that?  But if you give them your dox, and get registered with them, everything is all good and now it seems like you have a pretty good prospectus with uvwvj (although not a K state grad, still seems to know business pretty well ), I think you would be a good company for their list, and you could probably pretty easily raise the 50 btc needed to get underway.

Just a thought, and good luck with whatever way you decide to go.

Man- I appreciate you writing that up for me. All sounds good to me. Trying to get the stuff wrapped around my head.

Uv- Send me an email if you can. I'm willing to do what is "right" to get everything going correctly and the way it should be.

UPDATE- Site has been worked on a bit more aswell.

I understand what your saying now.

Sorry i thought i had edited that salary stuff. I agree with the 42k thing, and i thought i took that out. And would do like you guys are saying with the shares instead. And i'm always willing to have some help getting stuff together, this was my first time ever attempting raising the startup capitol.

      Yes, I agree with the potential. The only thing is holding back the investors is the valuation of the company and the thing that Mike doesn't understand how to conduct an IPO.
I tried to explain, but with no succes. He want the investors to assume all the risk by putting all the money for the business and he's giving so little in return, just 15%. Also he wants to be paid a fixed salary of 42.000$ for managing, when he should take shares from profit as well in this case.
      A correct valuation would be: a total 30.000 shares @ 0.0022 representing 100% of the company. This is 29370$ but let's round to 30.000$. For the work he does (finding the rent and setting up the place) he is intitled to a maximum of 10% in best case scenario. As an investor I will be willing to give him another 15% (at moust) and the minimum wage paid mountly for managing the place so he can have a maximum of 25% in the company, witch is very high in normal circumstances.
      He sais that a saloon manager get up to 100.000$ per mounth but he disregard the factor that those managers are also the owners of the saloon. He can't understand that if someone else put's the money he doesn't own anything and he becomes a employee paid based on the performance. He can work also as an artist in this saloon and be payd accordingly.
      So in conclusion Mike is asking more for donations with his actual terms than for investments. As an advice for Mike: try to understand how investments work and maybe reconsider your IPO, it's not easy to do business, especialy when you want someone else to assume the risk. That's just the way that things are.



(also this valuation is in favor of Myke, just because we are in BTC world, but if you would present in front of some real investors I can tell you for shure that they will stop listen after 2 minutes)

I think this is a good investment opportunity personally.
Mike has years of experience in the field and I think it could work out for him and investors.

Interesting to see how this goes. I think the potential is massive.

Cheers,

Kyle.T

I continue to work my current job. lol

Website has been updated some more.

Worst case scenario. You sell no shares. What happens next?

If shares sell soon enough then yes. And thanks for the post, I appreciate it.

I'm thinking about investing in this one. Are you still looking to open on July 15th?

Done a little work on the website this morning.

www.addikted2inktattoo.com

Nothing great, but it gets the job done.

No- Not yet unfortunately. I posted knowing that it was a long shot anyhow. So my feelings wouldn't be hurt if no one invested. But, let's see i suppose.

checked the 1TAT2zbKqZze7fdRKGRdbEJogtUx4s3BM
no investors yet?

I've worked in a studio, haven't managed one. I have experience in managing whoever, about 9 years. I done payroll, managed employees, dealt with customers and such.

Do you have previous experience running or managing a tattoo studio? If so, is it verifiable?

Just a sunday bump.

Yeah i thought so aswell. Of course have to have the customers consent, but i think it would be neat. Even have some How-To's etc.

the youtube idea is good, thats the best way to get known and next a TV show.

I believe Addikted2Ink will do incredible with offline tattoo's and store front, as well as online sales of t-shirts,glasses,etc etc. I have the glasses already, well 300 pair, to see how that goes.

Tattooing has been a hobby that i would do at home in my spare time, if i had to put a rough guess on what i  made id say 10,000. Like i said, i wasn't working at an actual store front, and it was here and there when i had time. Sorry i am trying to answer the best that i can.

Since the tattoo studio will be my full time priority, i'll do everything possible to make it as successful as it can be, for myself as well as anyone that invests. I'm trying to talk to a nationally known artist about appearing for grand opening if everything works out.

I am aiming to have to best looking studio and best artists around the area, which i believe will help massively.
Something else i have been thinking about is video. kind of like a tattoo show that will be watchable on youtube. Maybe of artists at work, etc etc

UPDATE: I added some more pages, and some photos of some previous tattoo's. Still waiting for photos of potential artsits.

Yeah, it's been a while since i've messed with making websites,lol. I have a tattoo do to tonight and i plan to get as much done on it as possible afterward.

Thank You,
Mike
www.Addikted2inkTattoo.com

I think once you get the website up and running you'll probably get some investors. I'm sitting on the sidelines for now but if you get the website up and running as well as have a few more people look over your investment plan I'll probably send some BTC your way.

UPDATE: Here is the link the domain. I'll work on it over the next few days. Right now it has only a landing page.

http://www.additked2inktattoo.com

ouch that would be terrible pain,lol

Awesome! Right on your gooch please!

aha- yaya- Hell i'll make a commitment to ya. If my "addikted2ink" shares sell 50%, i'll get a Klymax tattoo just for you.

Looks well thought out and lucrative Mike. Perhaps we can get our studios together for an ultra tattoo pornothon.

Good luck on your venture

Cheers,

Kyle.T

Updated sir.

       The reason for that is that you don't know what you are asking (18,000$ - 35,000$) and what you offer in return (procentage of the company, profit shares).
Let's say I want to invest 1000$, than I need to know how much % of the company I own, or if I own only profit shares, or...? You really need to make this clear from the start to get some atention.
        Another very important reason is your valuation of the company. As of my understanding you want to raise some money and than you offer for that money 15% (in the company? in the profit?). You say the costs are in between 18,000$ - 35,000$. If you raise 35,000$ (witch is 15%) it means you value the company at 233,333$ so you value your work at finding the rent and set up the place at 198,333$. The same calculation aply for 18,000$ and everything in between. Think this way: If you want to extend and open another saloon would you be willing to put all the startup money (35,000$), hire a manager and pay him 198,000$ for finding the rent and setting up the saloon and after that pay him a salary of 42,000$? I ask you because this is what you ask.
        I think you really need to be more specific and reevaluate the spliting of the shares.

I think I can invest a bit.

aha-I made it self-moderated just in case it gets out of hand. If there seems to be 0 interested within a week or 2, ill lock it.

It's Friday night and the main troll that bumped these threads has been banned from the forums. I'm sure someone will come along tomorrow to give it some action.

Thanks again for everyone's questions and concerns, I try to answer everything as quick as I can. So far i've had 2 emails, 0 investments, and 1 troll email.


Thanks again,
Mike

Cool, yeah then the reason some will have issue with a salary is that you would still get all of that money less 15-25% in addition to it. You still own the company, less some percent.

It's not a salary. It's exactly what you posted. I just use the word salary when referring to getting paid for work. But yes, that's 100% correct, inside sales, other artists fees etc etc.

Well, I'm just asking how those other studio owners make that $100,000. I highly doubt it is a salary, they probably make $100,000 from their percentage share of other artists and sales inside the shop. If that is the case then the salary is unnecessary. If they actually get paid a $100,000 salary then they probably are not the studio owner but only a manager? I have no idea how tattoo shops work so I am just curious.

I was just going by what other studio owners make etc. However- I thought about tattooing in shop aswell and lower the salary i suggested. Also- internet sales, and in store sales of merchandise is a great money maker aswell.

And as studio owner with 85% interest you would make $100,000 per year less the 15 (or 25%) reserved for your investors if your studio was at that level.

Or were you suggesting that a studio owner typically gets paid $42,000 per year **and** 100% of profit on all other income?

"The split will be 50%-60% with the studio." - How come?
"I'm doing everything myself, ideas, writing, looking for locations, investors etc etc" - So, how mutch are you looking to raise from investors?

-edit- I just read: 18,000 - 35,000 usd. So, 35,000 usd are 15% of the company. Seriously, do you really think that the "doing everything myself, ideas, writing, looking for locations, investors etc etc" worth 233,333 usd?

Flash tattoo that take less than an hour are usually 60-80.00
Shop minimum is $50.00
Shop Hourly price - $100 per hour.

Laser removal would be around $150 per session. Average sessions to removal a tattoo 6-10 depending on detail and size. So you can say $1050.00 give or take.

It usually costs around 10.00 in supplies to do a tattoo. The laser machine i am looking at is 1800 but, i think it would pay for itself pretty fast.
each artist uses their own machines, inks etc. They pay 50% of all tattoos that they do.

Can you elaborate on your marketing strategy?  Spending only $3,500 for $144,000 annual revenue seems a bit low, I'd like to understand the marketing plan better.

What is the average price for a tattoo?  What is the average price for laser removal? 

How did you come to the expense figures in your initial post?

Are the listed expenses just for overhead?  What are the incremental costs for each service?  What are the incremental costs per added employee?

Do you reserve forced buyback rights?

Since this is primarily a fiat-based business, do you have any way to address currency risk (rising BTC prices resulting in declining share and dividend value)?

Hey bud-

1: I'll work on some numbers to see if i can get it down a bit. As far as minimum wage for a tattoo artist/owner, totally out of the question,lol.
my hourly charge when i tattoo is $100per hour. If i wanted to make minimum wage i'd work at mcdonalds,lol

2: The other employess are independent contractors- i covered that in the thread.

3: Tattoo removal i feel would bring ALOT of business.

4: Yes going to accept bitcoin.

Thanks uv- Message me anytime.

How about considering splitting the profits amongst the investors monthly. Let's say I invest $200, so perhaps I get 0.5-1% of your profit every month.

MrWDunne,

 You are 100% right about the cheesy kick starter feel so i took those offers out. Thank you for your opinion.
As far as why anyone should invest in me and the studio, well, I'm a real go getter, always trying to think ahead to make things better. I can take constructive criticism of anyone that has any. I'd be willing to have several people post on my credibility and honesty, aswell as i'm always on a mission for more. As far as your ROI, I figure every month after studio rent, utilities, ins, etc 15% of profit would go to investors. You would be getting that every month until your investment is returned, and will continue to get the 15% afterward. (still determining the length) if not forever i suppose. I'm doing everything myself, ideas, writing, looking for locations, investors etc etc. I'll have the .com up over the weekend and possibly a business phone number for anyone that would like to speak.

Thanks again for your input, it's greatly appreciated.

Yes, Looking at 6 different local artists and 3 that would be willing to relocate. I'll get some images up after diner.

Who are you, why are you the right man for the job and how is this going to make an ROI for investors?

Transparency please.

Also; this isn't a kickstarter. People would rather have a successful investment than a t-shirt.

Total Estimated Monthly Tattoo Sales (est. worst month) - $6,000
Total Estimated Monthly Tattoo sales (est. good month) - $12,000
Total Estimated Monthly Tattoo sales (est. above average month) - $20,000
Erm, surely you meant an above average month to net you about 12k?

I'm assuming you're looking into artists to hire, any chance you can post their work here so we can take a look?

You have a valid point. Ill think about that today and update tonight. Wouldn't make much sense if someone's airfare cost more than their investment lol. 

Thank you
Mike

JD trollbox looks like some business incubator recently  good luck!

I live in Australia and it would cost more than $2500 just for the flights to the US ignoring all other expenses. So getting an all expense trip to Louisville if i buy the shares sounds like a pretty good deal even if the company does eventually completely bomb.

If you have any questions feel free to ask, you can email me anytime.

Great way to earn some montly income

https://docs.google.com/document/d/1XezjWqOMWPSjQUN3zhLOJynO4KmxUeY8oTnXQfFiHLA/edit?usp=sharing


Or- just read here......


Addikted2Ink Tattoo Studio
 
http://www.addikted2inktattoo.com
Addikted2Ink Tattoo Studio will be located in Louisville, Kentucky and have set an ideal opening date on or around July 15th or earlier.
The tattoo crowd has became increasingly accepted and is seen virtually everywhere, from clothing lines, art work, even toy stores. This change is attributed to the shift in society’s perception of an industry once only associated with thugs and ex-cons. Now made popular and more importantly credible through t.v shows such as, Miami Ink, Tattoo nightmares, Ink Master and several more all helping to bring this more mainstream.

The industry has grown exponentially attracting millions of customers across the U.S. almost one quarter of all women and one fifth have at least 1 tattoo. Translating that into $1.3 billion in revenue annually with 15,000 tattoo studios across the U.S alone.
Given the growing popularity among society the ideal target market for Addikted2Ink Tattoo will be the generation of (1980s-2000s) The growth is expected to represent 26.7% of the total population by 2015. Almost four in ten people in a group have a tattoo, and about half of those with tattoos have two to five and 18% have six or more.
 
Addikted2Ink will be privately owned. Our mission is to provide expert and exceptionally creative tattoo artists for customers interested in body are. We will also be offering Laser tattoo removal. The qualities that will set us apart from other studios in the area will be out exceptionally talented staff and wide variety of services.
 
The Studio
 
Addiked2Ink will provide customers with exceptionally talented and accomplished tattoo artists from around the globe in order to deliver high quality and professional product. We will also offer clients to purchase complete tattoo sleeves, Tattoo removal, jewelry and clothing.
Privately owned corporation, the decision is based on a number of things that could potentially go wrong in this specific industry, from a simple fungal infection to the contraction of life threatening viruses like HIV. As a result of the mentioned hazards associated with this business the decision to incorporate will limit personal liability.


Target Market

Individuals that share a passion for body art that views it as a form of self-expression. Tattoo’s are no longer limited to “sailors, bikers and cons.” There is now a great diversity in clients, from professionals to grandparents.
Customers will cross all age groups but our target market are customers between ages 18-32. Tattoo art now attracts the middle to upper class with larger disposable income for more elaborate tattooing.

Addikted2Ink Advantages

One of the main advantages we will have is offering laser tattoo removal. Not many shops/studios offer that around this area. As well as very talented artists that will each specialize in various forms of tattooing.
 
Business Goals
 
1.       To have a loyal client base, which 90% of its clients will return for additional tattooing and also refer new clients.
2.       To demonstrate to its staff and clients that the health and care of our customers is the top priority.
3.       To work with the best artists around the area, and let them build the reputation of our studio.

SWOT Analysis

Strengths- Innovative ideas, (tattoo removal) outstanding service, exceptionally talented artist with a variety of clothing and other merchandise that will be available online and in the store front.

Weaknesses- Addikted2Ink is not an established business/brand name and therefore lacks a loyal large client list, other than a small base from previous work place.

Opportunities- Tattooing is becoming very popular and increasingly more mainstream resulting in a high growth market.

Threats- Mild competition with a couple older studios of established business.

Management and employee

CEO-and manager-

A2I - IPO would release 35% of the company (31,500 shares) to the public for investing.  This funding will allow you to buy initial equipment and rental for buildings.  (Do keep all BTC that was invested as BTC though do to the subsequent increase in prices that will come, only spend as needed).  Report all purchases and statements weekly.

A2I -I will be paid $7.25 per hour (min wage) no more than 25 hours per week ($181.25) when not tattooing.  When manager tattoos the income will be split 50/50 between tattooer and business, and tattoeer will treated be independent contractor.

A2I will release profit (revenues - expenses) sharing at the end of month in equivalent bitcoin, after all expenses have been paid.

This way as Manager wouldd make $181.25 per week guaranteed to start up the business, run the books, and market and also make money by tattooing as an independent contractor, and then revenue share at this point 65% of the profits per month.


 
Operations and Information




Cost of doing business.

EST. of total start-up required (from location,supplies,”inks,chairs,furniture,flash,etc” $18,000-$35,000) estimated-
Rent  No more than -$1100 Monthly
Supplies:Medical. Office. Jewelry and other- $600 Monthly
Advertising and other promotions – 3500 or less yearly
Utilities: Heat, water, etc - $300 monthly
Insurance * up to $250 monthly
Web site and hosting – (self designed and maintained) $150 yearly
Total Estimated Monthly Costs - $2,250 (max) Depending on location chosen)
Total Estimated Monthly Tattoo Sales (est. worst month) - $6,000 (Worst case in my opinion, only $200 per day)
Total Estimated Monthly Tattoo sales (est. good month) - $12,000 (Assuming each artist does 1, $100 tattoo a day.)
These are just guesstimates. It could be more.


Once we are licensed to operate the laser tattoo removal we will be charging $150.00 per session, the average removal would take 5-10 sessions to remove.
Invested parties get 15%per month of net profit after salary.Example.

Estimated average month $12,000
15% would be divided to any and all investors.
Again this is just what I am estimating out monthly net. Profit could be. It could be more, it could be less. But your guaranteed monthly payouts of any net profit. As the business grows, so will our sales and your bankroll.

Outline Of Project
1.       Raise startup funding via Bitcoin.
2.       Pick a location (post photos weekly of progress)
3.       Set up the studio. (meet all requirements to code.)
4.       Advertise 1 month in advance
5.       Launch website/online store
6.       Grand Opening
I would be more than willing to take photo’s and update all investors on the project weekly or more, to ensure everything is going as planned.

Investor Perks
Sounded cheap. Best perk would be ROI and your extra %'s thereafter.

We will have an online active spreadsheet for all investors.
I have made a page with my DOX information that will be available to investors only. Once you purchase your %, I will give you access.

Investing Address ONLY -https://blockchain.info/address/1TAT2zbKqZze7fdRKGRdbEJogtUx4s3BM

IPO  release of 35% of the company (31,500 shares) to the public for investing. @ 0.00225 (1.00USD)BTC


Email your txid and name/username to me so I can update the spreadsheet at
[email protected]
Or
[email protected]


EDIT-
Something I forgot to add, I will be employing 2-3 tattoo artists to maximize profitability.

UPDATES
I will post here upon any and all updates to this project.

1) I have made a secured page with my DOX information that will be available to investors.
2) I have emailed HaveLock Investments about getting started on their website.

Invested updates
I'll update this daily/every couple days of invested people/amounts.


Thank you very much for reading my thread and idea.
This is a moderated thread to keep the non-sense out, and the trolling.