Profile: Purchase A Fun, Profitable Niche Retail Business.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$165,000 |
| Down Payment: |
$165,000 |
| Annual Revenue: |
$252,540 |
| Annual Adjusted Net: |
$67,706 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Summary
This Business Specializes In Large Photo And Canvas Prints (Up To 44"Wide By Any Length), Providing Both Retail And Corporate Clients With The Highest Quality Archival Images. All Mounting And Canvas Stretching Is Done In-House And Is Very Profitable, And At The Same Time, Providing The Customer With A Finished, Ready-To-Hang Work Of Photographic Art. This Company Also Provides All Services Needed By Today's Digital Photographer Using State-Of-The Art Computer Imaging Systems And The Internet To Produce High Quality Photographic Prints. The Company Provides A Unique Gallery-Like Atmosphere For Customers To Place And Pickup Their Orders. This Company's Business Model Represents The Future Of The Retail Photo Imaging Center.
Marketing
The Company Relies Mostly On Word Of Mouth Referrals And It's Website. But It Also Utilizes A Banner, With Landlord Approval, Outside Of Its Store. The Owner Has Used Media Advertising With Minimal Results. Local Competitors Would Include Long’s Drugs And Ritz Camera Stores.
Strengths & Opportunities
High Gross Profit Margins; Turn-Key Model; Easy To Market Business; No Accounts Receivable; Low Inventory Needs; Low Employee Requirements; Easy Retail Business Hours; Established Customer Base; Good Upside Growth With A Marketing- Driven New Owner.
Hours & Staffing
Store Hours Are M-F 10am-6pm And Sat 10-5pm. During Thanksgiving And Christmas, Which Is The Peak Season, The Company Will Be Open On Sundays. There Is One Key Employee Who Works Full Time And Is Paid 15/Hr And Provided Health Insurance.
Area, Facilities & Equipment
The Business Is Currently Leasing A 900 Retail Square Foot Facility In A Large Shopping Center With Anchored Tenants Like Trader Joe’s, Ralph’s And Long’s Drugs. The Area Has Strong Demographics. Median Household Income Is 82,000 Within A Five Mile Radius.
Company History
The Company Was Started Six Years Ago By A Husband And Wife Team. The Wife’s Focus Is On Bookkeeping And The Husband Has The Film Processing Background.
Financial Summary
Seller Expects The Buyer To Assume Financial Responsibility For The Noritsu Digital Processor Of About 2,570 A Month. There Are Less Two Years Remaining On The Lease. There Is A Okidata Color Printer That Is Linked To The Two Kiosks That Leases For 605/Mo And There Are Four Years Remaining On The Lease. Seller Expects The Buyer To Assume These Leases.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Dwight Jones, Broker at 858-391-3388 Non Disclosure Agreement |
Business For Sale Photos
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