Profitable photography business for sale

Sterling, IL (Whiteside County)

Profitable photography business for sale
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Asking Price: $375,000

Cash Flow: $260,000

Gross Revenue: $425,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,100 /Month

Established: 1934

Profitable photography business for sale

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Business Description

very popular photo studio

We have a very busy photography business and you need to put in lots of hours or spend a lot of profit on help.It would help if it could be a partnership like a couple or good friends because there are things done in the (off hours) that need to be done.Finances ,taxes, ,payroll ,supply management.
It is important you like people and children.Feel free to e-mail us with questions

Detailed Information

Location:
Sterling, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
7/1/2020
Employees:
5
Facilities:
No building.Name, reputation and relationships with 40 schools built over 3 generations All the canon cameras,lenses tripods light meters and cf cards needed to cover 5 jobs on 1 day
Competition:
There is only 1 professional small time photographer as a competitor and of course Lifetouch( now Shutterfly ) and the hundreds of amateurs that have a camera and computer Each school provides income in sports,underclass,music,plays,dances and graduations, senior photos and yearbooks. Weddings,family photos,communions,engagement and all other photos that are needed provide different streams of revenue
Growth & Expansion:
The sky is the limit once you get your feet under you.More schools or dance studios or park districts are all possible services to offer.It depends on what you find you like the most
Financing:
the building is not for sale or lease that ends when we retire.
Support & Training:
We can help support and train for a season or two,which is August to August
Reason for Selling:
retiring
Franchise:
This business is an established franchise
Business Website:
http://thenewpersonastudio.com
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Business Listed By:
Kathy Henson

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