Professional Photographic Studio
Family Portrait & Specialised Photo Restoration
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
1GBP = 1.26682 EUR
Turnover circa €150,000 per annum
(Historically has been as high as €500,000)
Well established family business
Extensive range of family portrait services
Excellent locationBusiness 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.
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.
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.
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.
The Asking Price of £49,950 is for the assets and goodwill of the business on a debt free basis.
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.
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.
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.
Tuesday – Saturday: 10am – 5pm
Otherwise by appointment
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.
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.
After many years of happy and successful trading the vendor has decided the time is right to take retirement.
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 firstname.lastname@example.orgTurner Butler Disclosure Statement
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