Business For Sale

Photography Studio

Harris County, TX
Harris County

Asking Price: Annual Revenue:
$299,000 $421,084

Retail: Art, Photography, Accessories

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RE: Photography Studio Broker: Michael Holloman
Owner Financing is Available!
$269K down/ $30K for 60 mos. @ 7% Seller willing to consider partial seller-financing, subject to deal terms and credit approvals.

Quick Facts

Asking Price: $299,000
Annual Revenue: $421,084
Net Profit: Not Disclosed
Cash Flow: $124,597
Total Debt: Not Disclosed
FF&E: $132,561
Real Estate: Not Disclosed
Year Established: 1976
Employees: 4
BBN Listing #: 96864955
Broker Reference #: 6206-13400

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Business Overview:

Houston's premiere photography studio is available for purchase by a discerning photographer who wishes to step to the next level. The Seller will assist with transitioning existing clientele as well as training on the successful photography and marketing skills honed over the last 40 years.

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Property Features and Assets:

The studio is located in the central Houston metropolitan area, conveniently close to the Galleria, Downtown, West University, Rice University, Medical Center, River Oaks, Mid Town, the Heights and Upper Kirby areas. It is currently in a 6,900 square foot facility owned by the Seller that is available for separate purchase ($1.7 million), or via lease from the owner ($10,000 per month). The studio only requires about 3,000 square feet of space to house the current sets, production rooms, staff and show spaces, so an existing studio or new location could be another option for a buyer wishing to reduce expense. A portion of the space may be leased back to the Seller or 3rd parties to offset rent expense. Assets = $136,726

Market Competition and Expansion:

While there are several photographers in the Houston area, very few have the local and national recognition of this studio. The buyer of this business will be acquiring a known brand and able to leverage that for ongoing marketing and sales. There are several opportunities for growth for this business. Revenues could be increased by the addition of wedding photography services, which would drive event income but also expand the client base for future photography sessions. Emphasis could also be placed on promoting senior class photos and related school photos. Revenues can also grow through expanded services offered to corporate clients, both for business and advertising use, as well as personal photography needs for those clients.

Reason for Selling:

The seller is ready to retire.

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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