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Asking Price
£75,000
Description
This is a 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
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