Photographic Lab, Framing and Photography Established High Owner Profit

Price: $199,900

Industry: Framing, Art Photography

Listing Category: Framing & Art Centre

Listing ID: 80115

Photographic lab with quick turnaround, a One Stop shop for all your custom and ready-made frames, and photographic printing needs, store located in a High Traffic Center.

Long Established  1931 !!    Same Owner Since 2007 !

A truly unique retail business with multiple revenue streams that encompass all things photo!  Art reproduction, Custom framing, Digital Printing, film processing, canvas prints, metal prints, fine art printing, cards, and calendars. Gift items including mugs, puzzles, photo glassware and much more.

This business Grosses nearly $500,000 a year (normal years) and has solid cash flow history,  2019 cash flow over $120,000. Even with COVID and shutting down for 6 weeks (In 2020), this business remained steadfast and still grossed over $430,000 with a  cash flow over $92,000 for 2020.

This business comes with all equipment and machinery that allow you to create all things photo on-site.  New owners have immediate value of an impressive and expansive array of revenue generating equipment.  In comparison, it would require an investment of nearly ½ million dollars to acquire new equipment and machinery for a business like this.

Great staff and a longstanding loyal customer following make this business fun.  The owner is confident the talented staff will stay on providing great continuity and a smooth transition for the new owners.

A savvy, techy buyer would truly enjoy this retail business.  As their taxes show, it is a profitable business running as it is.  However, a business minded person who understands today’s internet business model could take this business to the next level.

For the business person, the opportunity can allow you to earn a solid income in a field that you are passionate about, and use your creativity in almost unlimited ways. For those more inclined to spend time behind the camera, this business has many tools, props and studio space at their disposal.

Now that’s what I call the picture of success!

Listing Details

Total Sales: $432,049

Cash Flow: $92,917

Inventory: $25,000

Reason For Sale:

Owner Retirement.

Training & Support:

Seller to provide training to ensure a smoothtransition to new owner.

Operation

Year Established: 1931

Year of Last Acquisition: 2007

Days & Hours of Operation: Monday-Saturday 10am-5pm Closed Sunday

Location

Lease Option: Lease extension can be obtained from landlord prior to sale.

Monthly Rent: 5922

Type of Location: High Traffic Strip Center

Square Footage: 2440

Facilities Information:

Great location in High Traffic Strip center.

Summary

Historical Summary:

The store was established in 1931 and has had the Same Owner Since 2007.  Very stable and consistent business.

Afilliations