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Business For Sale

FULL SERVICE PORTRAIT STUDIO

Attn: Philip Pearl, CPA
Bergen County, NJ, USA
Listing #: 160914178
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Asking Price: $130,000 USD USA Dollars
Business for Sale Industry: Services: Video, Photography, Film  
Reason for Selling: Health issues are forcing sale.
Year Established: 1980
# of Employees: 2
Yearly Revenues: $148,676
Yearly Cash Flow: $51,199
Yearly EBITDA: $51,199
Yearly Net Profit: $51,199
Yearly Gross Income: $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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