Photographic Franchise Opportunity For Sale
Business for sale
Asking Price:
£16,000
Turnover:
£95,000
Annual profit:
£41,000
Audited accounts:
No
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Full details will be supplied to seriously interested parties, in brief teh franchisor will provide full technical and operational training together with access to an Internet based digital processing bureau and a web site portal, which can be used by clients to create their own web site. The franchise agreement is for 5 years with renewal; fees are paide at a fixed rate with 50% reduction in the first year of trading. Marketing initiatives are provided and external field agents will support in the generation of new business.BUSINESS DESCRIPTION
An opportunity to develop a business across all sectors of the photographic market including school, events, corporate & social photography.
Schools: there is a tried and tested market for the supply of individually framed student photographs and class photos, the most lucrative sectors being infant and junior schools.
Events: This is a flourishing market with higher profit margins and excellent potential for repeat business year after year. The franchisor provides a tailor-made package of equipment to produce quality prints on the day. This sector enables you to start earning very quickly as there are always lots of suitable events in your area.
Corporate & Social: Lower volume but potential for maximum value-added. Every business and every family in your area is a potential customer.
This business which allows the franchisee to operate at their own pace but under the supportive umbrella of a franchisor who can provide cost effective digital processing and low cost photographic consumables. The companies head office provides full training, marketing support and technical guidance.
GENERAL INFORMATION
Years established: The franchisor has been runing a pilot operation in Devon for a number of years.
Trading hours: To suit the needs of the business; term time for school photography (Autumn & Spring) and weekends and evenings for events
Home based: This business can be run from home.
Relocatable: This business can be relocated.
Expansion potential
There are no restrictions on the type of commissions undertaken, expertise is in school photography notwithstanding the hardware and technology can be used for any application; even gift and souvenir printing.
Competition / Market
The largest National competitor employs old technology and is unable to reproduce photographs as effectively and cheaply, likewise they do not operate in the events field nor have the technical capability. Local photographers constitute a small threat but agin they do not have the technical infrastructure required to compete long terms; they are unable to secure consumbables or print at the same competitive rates.
Advert ref: 1114BW
