Photography Studio averaging over $1mil in sales

Photography Studio averaging over $1mil in sales

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Preview Listing
Preview Listing
Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Sydney


Industry :
Services - Print/Photo ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Phone enquiries - please quote property ID 26025.

Well Established for over 25 years this photography business has been successfully run with a long-term track record

Forward sales revenue will be transferred to the new owner giving you an instant cash flow of approximately $200k over the next 6-12 months. All books are open to view including our CRM System. This is one of Sydney’s largest photography studios with 3 photography studios and 2 states of the art viewing rooms.

The only reason for the owner selling is he runs multiple businesses and is finding it hard to run this business at the same time due to time restraints.

Turnover FIN:
2016 - 2017: $1.4mil
2017 – 2018: $1.48mil
2018 – 2019: $1.32mil
2019 – 2020: $824,000 “COVID”
2020 – June 2021: $752,000 “COVID”
2021 - June 2022 over $950,000

Cash Positive:
Over $200,000 in accounts receivable on orders completed and customers on payment plans. Also includes wedding bookings.

Staff:
2 x Photographers & 1 x designer
2 x Telesales staff
1 x Manager – Full Time plus
1 x promo staff full time

Equipment:
All Equipment is state of the art with most photography equipment no older than 2 years old meaning the new owners will have nothing to spend for a long time. The Servers were also replaced last year.

Transition:
The current owner is happy to help with the transition process as he wants to see the business continue successfully. They have another business operating and no longer have time to continue managing this business.

Only serious buyers apply as this business is highly successful due to the processes in place.

Information provided is to the best of our knowledge. Buyers are to make their own due diligence.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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No Agent Business enables you to sell your business or commercial property using a for sale by owner (FSBO) method, without paying any commissions. We cater for all business and commercial property types.

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