Services - Other Miscellaneous services | Services - Other Personal Services

$Seller Financing Available

Asking Price	$225,000	Inventory
Gross Income	$254,807	Real Estate
Cash Flow	$68,963	Year Established	2006
FF&E	N/A	Employees	1 ft 3 pt

* included in the asking price

** not included in the asking price

This is a great opportunity to purchase a quality franchise photography portrait studio. This location was established in 2006. Sales and profits have continuously increased since the studio opened for business. This studio provides a variety of photography services including family photography, event photography, senior pictures, other school pictures, holiday pictures and more. The photography is higher end and noticeably better quality than discount department store photography studios. Royalties are 6% of sales and the ad fund is 2% of sales. The training and transfer fee is approximately $15,000. The buyer does not need to possess any photography ability to operate the studio. The training includes all aspects of running a portrait studio The Sellers are selling because the husband works full time and they have 4 children which present a challenge trying to run the studio and raise the family. In spite of these circumstances, cash flow for 2008 was $68,963. A more aggressive owner-operator could greatly increase the business and profits by extending the days and hours open for business, marking the outside services such as school photography, proms, dance recitals, etc. which is not currently done by Seller, decreasing payroll by replacing hours worked by managers and offering more services such as videography, weddings, and more.

Facilities: 1,800 sq feet in a gorgeous newer strip center with businesses that attract a similar target market. Ample parking

Seller Financing Available: Yes

Financing: $100,000

Support/Training: Corporate training, no photography experience necessary.

Reason Selling: Husband is full time pilot and wife has 4 small children to care for.