Event Photo Company
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $945000
Net Profit / Cash Flow $314000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1985
Number of Employees 4 - 5
Inventory 125000 Equipment & 2500 Inventory
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training The seller will supply a long term transitional period and remain sixty days post closing.
Reason for Sale The owner is retiring after many years of success in this industry.
Description Solid business opportunity to own this 26 year old industry leader in the event photography and videography business serving metro NY/NJ. The new owner should have basic business & marketing sense. Photography experience is unneccesary as independent photographers and videographers provide their services on the client's event date The company obtains new clients via internet advertising / marketing. Final processing is done off site. High volume, low inventory business has an average gross income of $945,000, and a 2012 yearly net income of $314,000. The company does not require any specialized equipment to conduct its day to day operation other than standard office and accounting materials. The company is located in Passaic County, NJ in a 2,700 sq ft custom designed, conveniently located office. The real estate is NOT included in the purchase price. This company has a five Star client rating and a proven marketing campaign in place. A knowledgeable, industry savvy inside team, a veteran sales staff & a group of professional photographers and videographers who contribute to the company's success. The company prides themselves with providing their clients with quality value and outstanding customer service.
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