Business Overview:
Profitable camera store, specializing in cameras, lenses, and accessories; everything needed in the quest for beautiful images. Great reputation for customer services, well known and highly established brand name in Long Island and beyond. Highly knowledgeable staff.
*Business is a camera dealer for almost all the premium brands (Cannon, Nikon, Sony, GoPro etc.). Full list of terms available. This is a lucrative opportunity for a strategic buyer looking to expand through online channels, considering the relationships with premium brands.*
Business produced revenue of $2.5 million in 2020 (with Covid) and is on pace for $3.5 million in revenue in 2021, and is strongly profitable.
Approximate Sales Percentage:
In-store: 60%
Website: 20%
Amazon: 10%
eBay: 10% ?
Purchase price is $600,000 for the store and $800,000 for inventory. Inventory can fluctuate and the price will adjust for inventory.
The business is priced right with already high buyer interest. Qualified buyers reach out ASAP.
Expand to online channels with established vendor relationship and strong well-known brand.
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Reason for Selling:
Semi retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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