Portrait Studio, Photo Lab, School Photography and Photo Booth Rental

Avon, CT (Hartford County)

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Asking Price: $275,000

Cash Flow: $145,000

Gross Revenue: $641,500

EBITDA: $125,000

FF&E: $175,000

Inventory: $15,000*

Rent: $9,985 /Month

Established: 1992

*not included in asking price.

Portrait Studio, Photo Lab, School Photography and Photo Booth Rental

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Business Description

Turn your hobby into big $$ in your pockets

Do you have a passion and love for photography and want to turn your dream into reality? Now is your chance to own a beautiful photo studio and lab that has been established for over 25 years with tons of repeat business and contracts in place. 2 full studios, a full photo lab with equipment to create everything from posters and canvas to photo cards, mugs and photo books. Experienced staff in place. We have school photography contracts with local schools, early learning centers and sports leagues. We have a fully functional website for online ordering, and cutters, slitters and other production equipment. 2 Photo booth setups for events with equipment and printers for traveling. The list goes on and on. We have over 600 customer reviews on our website and an additional 60 5 star google reviews. This is a business you can be creative and proud of!

Detailed Information

Location:
Avon, CT
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,200
Lease Expiration:
1/31/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All assets and inventory included. Multiple Printers, 16 computers, telephone system, POS system, Studio lights, cameras, backdrops, 2 photo booths, all the supplies, packaging etc etc etc. 5200SF retail facility with loft office, basement storage and street exposure. Right on the busiest street in town with over 75,000 cars passing daily.
Competition:
As a fixture in the community we are well know and respected. Not much local competition for most of the services and products we make.
Growth & Expansion:
The local school and early learning market is a huge expansion option. We are currently doing close to $0 in advertising- could boost with online ads and promotions. We are doing very little with weddings and Mitzvah, another growth opportunity for the right person.
Support & Training:
2 weeks plus more if needed
Reason for Selling:
Other business interests
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Business Listed By:
Joel Miller

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