Description of the business for sale
A very profitable school-sports photography business for sale. Located in the Mid-Atlantic region. Gross sales are about $1.5 million and the net is $658,000. They have been in business for over 20 years. They do sport shoots of over 70,000 team memebers who play about 7,000 sports. They have a state of the art digital photo lab that can handle a lot more business. They are looking for the right buyer to expand this business into other cities and states. Photo lab equipment and build out $145,000. The firm asking price is less that 7.9 earnings. They need to expand into a mutli location business. Low compeition with huge growth potential. We would like to find a buyer who wants to add new offices. The present management has a high volume of bookings through 2008 and into 2009. There are many unserved markets that would bring in more business.
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Description of the facilities
Licenses Photo Lab
Parking Plenty
Hours Lab 9 to 5
Building Size 3,200 sf
Utilities $400
Equipment 30 new digital cameras- 23 flash- 100 lens- $80,000 value
Inventory $40,000
Lease $3,400
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