Listing Number: 92837-528927
Description
Capture this once in-a-lifetime moment by acquiring a highly regarded photography business and advertising agency with a stellar reputation. The owner has evolved this business by utilizing 2nd generation knowledge and a commitment to the art of photography and entrepreneurship. With a clientele that includes exclusive local county school systems annual student yearbook contracts, headshots, sporting and special events, this opportunity is very lucrative. These exclusive school contracts will generate passive income each year. Services include advertising development, photography restoration, and on-site photography support.
Take advantage of this rare opportunity where the seller is also willing to stay on as a consultant to coach the purchaser and teach them the knowledge required to grow this business to the next level. This includes shoots for school portrait days and sporting events, editing/uploading/delivering photos, studio training and techniques, and ordering and delivering products. The current owner will also facilitate the introduction between buyer and contacts for each contract and client.
The photography industry, which includes photography studios and commercial photography, generates $13 billion in revenue annually, employs more than 298,000 people, and comprises around 185,000 businesses in the United States, according to the research group IBISWorld.
Member of The Professional Photographers of America (PPA), The Professional Photographers Society of New York (PPSNY), and The Georgia Professional Photographers Association (GPPA).
A CIM and multi-year P&L recast, will be provided to qualified inquiries after the signing of a non-disclosure agreement (NDA) and providing a buyer’s profile for review. Please contact Amber Smith at: ASmith@tworld.com / Ph 770-225-2910 X 705
Listing Details
- Price: DH 199,500
- Down Payment: DH100,000
- Sellers Discretionary Earnings: DH 114,622
- Total Sales: DH 232,469
- Location: Barrow County, Georgia
- Inventory: DH 62,095
- FF&E: DH 0
- Employees: 4
- Year Established: 2005
- Reason for Selling: New ventures
- Category: Photography
