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Business For Sale
FULL SERVICE PORTRAIT STUDIO
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Asking Price: |
$130,000
USD USA Dollars
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Business for Sale Industry: |
Services: Video, Photography, Film
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Reason for Selling:
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Health issues are forcing sale. |
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Year Established:
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1980 |
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# of Employees:
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2 |
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Yearly Revenues:
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$148,676 |
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Yearly Cash Flow:
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$51,199 |
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Yearly EBITDA:
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$51,199 |
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Yearly Net Profit:
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$51,199 |
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Yearly Gross Income:
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$148,676 |
Business for Sale Overview:
A full service portrait studio with a production room (computers & printers), internet room, storage room, a large portrait shooting area, table top production setup and customer service area for presentations. Video services are also offered. Located in a high traffic, highly visible storefront off major highways in a growing business friendly Bergen County community. The business is established over 28 years and enjoys a loyal customer base. Backlog includes jobs well into 2010. Extremely diversified customer base including an impressive list of prominent corporate accounts. $25,000 of equipment not included in asking price.
Property Features and Assets:
Leased premises with 7 years remaining on lease. Attractive lease terms and very reasonable rent. Off-street parking for customers.
Market Competition and Expansion:
Owner will share many specific growth plans which he unfortunately is unable to execute due to poor health.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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.
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