Description of the business for sale
Founded in 1984, Company is a retail portrait service company serving West Texas. Company offers low-priced portraits of children, families and school seniors. Company s attention to detail, professionalism, competitive pricing and strong relationship building activities has earned it a well deserved reputation for excellence. Serving over 36,000 customers in Texas, the Company s revenues are generated from residents living in three separate metropolitan areas. The Company s marketing is directed at women and children ages 18 to 60 years old. The typical customer buys portrait prints all year long with a special emphasis on holiday seasons, such as Christmas, Easter and Mother s Day. Company operates out of three separate facilities, each featuring four to six camera rooms, a lobby and a store area.
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Support / Training provided by seller
Owner will stay on through transition period.
GROWTH: While Company has a strong presence in West Texas, there exists exciting opportunities to expand into new geographic territories. A more aggressive marketing campaign and an increased sales force would have a significant impact on revenue for the company as well as an expansion in new products and services such as photo scanning. Excellent opportunity retired military or educator with a passion for photography and strong marketing skills.
COMPETITION: There is some competition in the photo portraiture business, but Company offers a level of customer service not available from most of the competition. Additionally, company has developed some very reliable marketing techniques to keep the customers tied to the business.
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Description of the facilities
Company operates out of 2 locations in Texas. One facility(10,000 square foot retail, office and photo lab )is company owned and located in Amarillo. The other store (7,500 sq ft) is leased and located in Lubbock. Each facility features four to six camera rooms, a lobby, and a store front area.
ADDITIONAL FINANCIAL INFORMATION:
REASONS FOR SELLING: Retirement.
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