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Professional Photographic Studio

Family Portrait & Specialised Photo Restoration

Ref. CF052

Location : Dublin

Asking Price : £49,950

Turnover : £190,023

Net Profit : Undeclared

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price: £49,950 Or €63,278

1GBP = 1.26682 EUR

Asking price includes: 

Turnover circa €150,000 per annum

(Historically has been as high as €500,000) 

Well established family business

Extensive range of family portrait services

Leasehold premises

Excellent location

Business Profile

This successful photographic studio was founded in the early 1900’s and is geared to creating the most beautiful family portraiture. The brand name of this family business is well known in Ireland and is famous for the restoration of photographs as well as specialising in family portraits, corporate and social photography.

The studio used to undertake around 100 wedding per year. Having stopped advertising for this sector over the last few years, if re-instated this could once again be a lucrative side of the business for the new owners. The brand name would be sure to help re-capture the local market for wedding photography.

This is an exceptional photographic studio with additional revenue generated from photo restoration and the sale of albums, frames, canvases and enlargements. All technical aspects of the business and in particular, the photography, are undertaken by well trained and highly skilled staff.

A good established opportunity this business would be ideal for anyone with a passion for photography. The owner and manager of this business have valuable experience and specialised skills and advice which they would be happy to passs on to anyone who wishes to get involved in running their own photographic studio.

Customer Service:

A high standard of customer service is a priority for this business. This quality of service has enhanced the excellent reputation the business has developed among its customer community. Staff are always happy to help, offering honest and helpful advice.

Key Strengths:

This is a very well established business, benefiting from high levels of awareness amongst its target audience of local residents. It is ideally situated in an affluent town of up-market family residences.

A very well-known brand name the business is long established in this location and is renowned for quality, expertise and artistry. Staff are technically wise and experienced in the use of computer software and digital cameras etc. while the studio is smart and eye-catching and provides attractive premises for the business.

Ideally situated in and excellent trading position popular with local residents the business is proud of its excellent reputation and dedicated customer care, which are a result of the company’s skilled and committed staff, and quality control over its products and services.

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa 150,000 and has historically been as high as 500k. Working hard at the business could result in profits 2-3 times higher than is currently being achieved.

Asking Price:

The Asking Price of £49,950 is for the assets and goodwill of the business on a debt free basis.

Advertising and Marketing:

Popular social media is used to get the business ‘out there’ and attracts plenty of interest. Word of mouth recommendation has successfully led to many referrals over the years. The company website is a great vehicle for showcasing the services of the studio.

Growth and Expansion:

The business could expand by opening additional stores. The brand is well known and has an established client base that is globally supported by interns from France, Spain, Brazil, UK and Norway.

New owners will be perfectly positioned to take full advantage of the excellent foundations that have been laid for the future success of this business.

Premises:

The studio is leasehold and the lease expires in June 2016. The rent and rates are collectively €36,000 per annum. The vendor does not intend to renew the lease unless the new owners are interested.

Business Hours:

Tuesday – Saturday: 10am – 5pm

Otherwise by appointment

Employees:

The manager knows the business inside out and would be happy to be re-employed by the new owner. The role of manager is Photographer, Photographic Retouching and Printing. He is supported by one part time employee.

Support and Training:

The vendor is ready to assist and convey his experience and considerable skill to the new owner in order to have a smooth transaction of ownership.

Reason for Sale:

After many years of happy and successful trading the vendor has decided the time is right to take retirement.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk