Professional Photography & Photographic Studio

Not Disclosed, NJ
Hudson County

Metro NYC

Asking Price: Annual Revenue:
$740,000 $669,761

Services: Video, Photography, Film, Talent

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RE: Professional Photography & Photographic Studio Broker: Marwan Nabulsi

Quick Facts

Asking Price: $740,000
Annual Revenue: $669,761
Net Profit: Not Disclosed
Cash Flow: $255,779
Total Debt: Not Disclosed
FF&E: $31,600
Real Estate: Not Disclosed
Year Established: 2002
Employees: 5
BBN Listing #: 52744955
Broker Reference #: 3602-17423

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Business Overview:

This business offers a photographer the opportunity to own a top-rated, profitable photography studio with an excellent reputation, recurring business model and strong client referral program. Over the 20+ years serving the Northern NJ/Metro NYC area, this business has honed its service offerings to include Studio Portrait Sessions, Summer Beach Session (NJ shore and Hamptons), Local Park Sessions, Maternity and Newborn Baby Sessions, and Beauty Photographic Services for women of all ages. The business continues to prosper and grow due to their founding principles: 1) provide the highest quality product, 2) deliver unmatched customer service, and 3) respect the privilege to memorialize clients’ moments in time.

During 2021, the business delivered a top-line revenue of $637,767 and $247,106 in adjusted cash flow. For the recent 12-month period (ending 10/31/22), the business achieved revenues of $669,781 with an adjusted cash flow of $261,849. Photographic services tend to be resilient in a recession due to the time sensitivity of capturing lasting images/memories of loved ones which is enhanced by this business’s focus on more affluent clientele.

This business offers an entrepreneur the ability to start their own photography business with a proven revenue stream and client base. Alternatively, this business would be a strategic acquisition for an established photographer focused on the Wedding & Event markets and/or School Contract model looking to augment their offerings with a strong Portrait business. For qualified buyers, this business can be financed through an SBA loan with only $80,000 down while generating $260,000 in annual adjusted cash flow. Don’t miss the opportunity!

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Property Features and Assets:

Located in a vibrant, affluent city, this business leases 1,800 square feet of commercial loft space in a renovated industrial building complex fused with offices, recreation, artistic studios, retail space and dining establishments. The business operates in a custom configured/partitioned loft that supports three primary areas: 1) flexible photoshoot studio offering ample space to create multiple vignettes/setting with a variety of backdrops and props, 2) spacious, professionally appointed client meeting space to support consultation sessions and multi-media photoshoot reveals, and 3) multi-purpose workroom for all aspects of portrait production. The artsy vibe of this industrial complex provides the perfect energy for the creativity and artistry of this photography studio as well as the draw of community patronage to this town square venue. Assets = $39,100

Market Competition and Expansion:

There is a fair amount of competition in the Northern NJ/Metro NYC market. This business thrives due to a reputation for providing clients a luxurious, full-service experience anchored by their multi touch point philosophy: starting with a pre-photoshoot consultation followed by an enjoyable, professional photography session that culminates in a beautiful slideshow reveal session of the artistic images curated by the photographer. Their client centric philosophy for delivering magnificent, custom pieces of art results in a strong recurring business model and a robust referral network unrivaled in this competitive landscape. There are several potential business growth opportunities for this business. Offering wedding photography services would add a lucrative revenue stream and expand the client base which would translate into photography sessions throughout the couple’s life journey. Expansion of partnerships with non-profit organizations, local charities, private schools, corporations, and membership clubs (i.e., Golf, Boating, Classic Car) through fundraising/silent auction packages and on-site photography sessions help develop long-term client relationships, private engagements, and brand awareness. Targeting school photography programs/contracts ranging from annual student photos to Prom & Senior portraits could also increase volume of business, revenues, and client database.

Reason for Selling:

Owners are 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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