Seller's Contact Information
- RE: Profitable Event Photography Business
- Contact: Pedro Ferreira
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $1,113,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $471,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 369846339 | |
Broker Reference #: | 80521-406311 |
Business Overview:
Profitable Opportunity in Event Industry -Great Upside Post-Covid
This business was established over 30 years ago. New owner purchased the business in 2017, and had more than doubled annual revenue and profit in 2019, and is now projected to triple it in 2022!
This business provides services to several hundred events per year including Photo Booths, Roaming Photo Booths, Digital Graffiti Walls, Photo Mosaic Walls, 360 Booths, Flip Books and more. There is a full-time staff that runs day-to-day operations. The owner rarely goes to events, and only works 20 hours a week on the core business with the rest of the time spent on business development.
There are written procedures in place and established systems that have been perfected over the years. With one week’s notice, they have the capacity to do 15 events in one night.
Reputation is everything in the event industry, and this brand comes with a huge network of customers they have worked with over decades, including many Fortune 500 companies.
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Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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