8858 HP LEASEHOLD PHOTO STUDIO
Business for sale
Asking Price:
£75,000
Turnover:
£1
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is pleased to havebeen instructed to offer to the market this
extremely well established photography
business with excellent future potential.
Founded by the current vendor over 15 years
ago, the business is only now being
reluctantly offered for sale as he plans his
retirement.
The shop and studio offers a top quality
processing and printing service from
conventional film to digital media.
They provide wedding and event
photography and specialist in the restoration
and printing of old images.
They have a state of the art electronic studio
to capture that special moment.
Within the shop they also offer digital
imaging, transfer to DVD, CD Rom, tape or
video any other image form. They have an
extensive range of frames and albums and
will also take your passport photo.
The business employs 2 full time staff and
also has 3 part time employees who each
work approximately 20 hours per week and
the vendor part time. They achieve an
excellent annual turnover of approximately
£170, 000 with a gross profit of circa
£116,000.
We are advised that stock at cost is
approximately £13,000.
The business sub leases the first floor
accommodation, for which it receives
£15,000 per annum rental income.
The equipment includes:
• DL400 Fuji frontier dry lab
• 2 off Fuji smart pix kiosks
• Epsom Stylus pro 7500
• State of the art electronic studio.
REF:8858HP
Employee details
Fulltime staff:
2
Parttime staff:
3
