Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$1,100,000 USD USA Dollars
Business for Sale Industry:	Services: Video, Photography, Film
Reason for Selling:	Owner Retirement
Year Established:	1946
# of Employees:	13
Yearly Revenues:	$2,400,000
Yearly Cash Flow:	$210,000

Business for Sale Overview:

This established company is a full service photo and imaging lab. The company has successfully transitioned from film to digital photography, which now accounts for 90% to 95% of the company’s business. This shift is supported by an array of sophisticated state of the art equipment. They provide access to cutting edge equipment that is too expensive for the average artist to own. For example, one of the digital cameras at the lab, which makes very large files and can print almost any size work costs over $20,000. There are separate spaces for photo labs, computers, printers and various work stations. They maintain a studio, complete with cyclorama for photographing large objects such as cars. Special fluorescent lighting throughout the building is set to replicate daylight viewing conditions, the standard for the photography industry.Customers range from professional photographers, artists and illustrators to many of Westchester’s largest companies. Consumers are service in a attractive retail space complete with do it yourself equipment.

Property Features and Assets:

This company is located in a two story 15,000 square foot stand-alone building on a well trafficked street in Westchester County,, NY. There is ample adjacent parking for employees and customers.

Market Competition and Expansion:

The company has earned its reputation as the leading imaging laboratory in Westchester County by offering the widest array of services to companies and individuals with unmatched quality and timeliness. Over 75% of business comes from the 5,000 customer database. The company web site attracts new customers as does the prominent location on one of Westchester’s business thoroughfares. The company web site is undergoing a new design to take greater advantage of the internet’s marketing potential.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.