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Absentee Owned Boutique Family Photography Studio Franchise -SC2208
Absentee Owned Boutique Family Photography Studio Franchise -SC2208
Asking Price: $725,000
Cash Flow: $250,000
Gross Revenue: $750,000
Down Payment: $725,000
This Northern California based Boutique Family Photography Franchise is a Sub-Chapter S Corporation and has been preserving the most cherished memories for the past 6 years and under current ownership since inception. This franchise location is the first location in the franchise network! This studio specializes in family, maternity, newborn and engagement portraits, serving many prominent areas in Northern California. They have over 300 sets to choose from, and can create a personalized experience that is curtailed to each special occasion. Open 7 days a week with online scheduling, it is very easy for you to schedule your special experience and be taking care of on a schedule that fits your needs. They create smiles today…and capture memories forever. Also…the Franchisor lets you run your business without intrusive oversight. THIS IS AN ABSENTEE OWNED BUSINESS.
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2019
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 8
Contractors: N/A
Owner Worked Hours/w: 3
Adjusted EBITDA: $160,000
Inventory Included: Yes
Inventory Value: $0
Monthly Rent: $4,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2400
FF&E Included?: Yes
FF&E Value: $55,000
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The North American Photographic Services Market is expected to register a CAGR of >4% during the forecast period. Increased business activity for advertising agencies tends to boost demand for industry services in North America. The majority of photography businesses are small businesses or owned by owner-operators.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Listed By: Myrtel Lapuz
Background information
Reference:
SC2208
Year established:
2019
Reason selling:
The reason for selling is the Seller would like to pursue other interests.
Finance
Sales:
$750,000
Profits:
$250,000
Operations
Employees:
Full-Time Employees: 1 Part-Time Employees: 8 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $55,000
Inventory:
Inventory Included: Yes Inventory Value: $0
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $55,000
Premises
Facility:
Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 2400
Square footage:
2400
Rent and lease terms:
Monthly Rent: $4,000
Location:
City: Northern California State: California
Opportunities
Growth:
Increased business activity for advertising agencies tends to boost demand for industry services in North America. The majority of photography businesses are small businesses or owned by owner-operators.
Market:
The North American Photographic Services Market is expected to register a CAGR of >4% during the forecast period. Increased business activity for advertising agencies tends to boost demand for industry services in North America. The majority of photography businesses are small businesses or owned by owner-operators.
Price and terms
Price:
$725,000
Down payment:
$725,000
Financing:
Seller financing is not avilable at this time.
Training:
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.