Business for Sale Overview:
Very successful and highly profitable part-time franchising business, specializing in youth sports, school yearbooks, and preschools. Located in southern piedmont of North Carolina. Owner wants to sell business to pursue other fields. Entrepreneur Magazine ranked franchise #1 in photography and #249 overall out of the top 1500 franchises nationwide. Franchise is a S-corporation home-based business established in 1997, that consists of a highly populated, up-scale area with annual sales of $65K, and a gross profit margin of approximately 50%. Seller's cash flow is $30K per year. Asking price is only $58K. Included in asking price is $7000 worth of equipment. Owner spends 12-15 hours a week working in the business. Payment for orders is collected on picture day which eliminates the need for accounts receivable. Franchise offers a unique line of specialty products which makes it superior to other companies in the market. Owner states that someone working full-time could probably double the business in two years. Franchiser will provide extensive training, therefore, photography experience is not necessary. Owner will remain for a transition period. If you are looking for an exciting business where the sky is the limit in growth potential, this opportunity is for you. For further information on this business, please contact Buddy Guin at 704-644-1144 or bguin@sunbeltbrokers.biz
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.