Emerald Coast Premier Photography Company

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Long established premier photography business
Asking Price:
$150,000

Gross Revenue:
$180,175
Cash Flow:
$81,643
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100
included in asking price

FF&E:
$18,500
included in asking price

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Business Description

If you are looking for the opportunity to purchase a well-established Gulf Coast photography company, then look no further than this turnkey operation. For the past 14 years, this family owned business has captured the memories of over 1,500 families, couples, weddings and business professionals. This business is somewhat seasonal in nature. Both photography and editing are managed in-house. The quailty of this company's photography is second-to-none. The primary location of the photo shoots takes place in a pristine setting. All photography sessions are booked in advance and client payments are made before the photo shoot. Different photo packages are available. Seller has fined tuned their business model with a focus on the more profitable aspect of professional photography. A third party industry rating agency has given the highest marks to this business for several years in a row. The Seller made a wise capital investment in Search Engine Optimization (SEO) which has paid huge dividends to the company by bringing heightened awareness to the company and ultimately increased activity to the company website. Seller has developed and maintained a very flexible schedule for their client base with the motto of always keeping their client's needs top-of-mind. A key metric for a Buyer to consider is that 420 potential clients were unable to be booked in the busy Summer season-to-date (May thru 08/09/2018) due to the extreme demand for the services of this business. Does all this relevant information appeal to you, the potential Buyer? Are you interested in relocating to the beautiful Emerald Coast and enjoy the lifestyle, tax advantages and opportunity to own a proven performer? If you already reside on the beautiful Emerald Coast, are you interested in expanding your existing scope and business? If the answer is YES to any of the immediate previous three questions, then this is the perfect business for you to acquire. For a GREAT PRICE, you can realize this dream. If interested, please contact Jim Hinds with Emerald Coast Business Intermediaries at (850) 889-1134.

About the Business

Year Established:
2004
Number of Employees:
0
Real Estate:
Leased
Building Sq. Ft.:
1,709
Lease Amount/Mo.:
$1,405.00
Lease Expiration:
5/31/2021
Facilities:
1,709 square foot leased space which includes the studio, editing room and offices. The current leased space was build-to-suit. This business is centrally located in this city on the beautiful Emerald Coast.
Market Outlook/
Competition:
This business is the premier photography company in this part of the Emerald Coast. They have developed a very nice niche. Google and Facebook reviews are very strong. The company website is also very active and robust and drives a tremendous amount of traffic.
Growth & Expansion:
Opportunity for growth by adding employees and contract labor. The workload for the Seller is near or at capacity based on the current staffing arrangement (0 employees).
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About the Sale

Reason For Selling:
One owner desires to pursue other interests.
Training/Support:
One owner is willing to remain as contract labor or an employee beyond the normal transition. This proposed arrangement should prove very beneficial for a Buyer.

Listing Info

ID:
1537031
Ad Detail Views:
220

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Business Listed by

Jim Hinds

Emerald Coast Business Intermediaries
License# SL3402320

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Sponsoring Broker:

Jeff Moody
Emerald Coast Business Intermediaries

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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