Business Overview

Award-winning wedding videographer that delivers a timeless and cinematic film for couples & families to remember forever. Professional team of creative cinematographers & editors who work with you to capture every special moment of your day. Multiple film packages to choose from as well as additional add-ons, including FAA certified drone footage. Texas & destination weddings. Featured on Good Morning America & in Martha Stewart Weddings.

Market Areas: Texas, Oklahoma, Louisiana

Contact Dan Altom with Sunbelt Business Brokers at 281-440-5153 for complete details.

REF ID# N1969-DA

Financial

  • Asking Price: $1,950,000
  • Cash Flow: $600,000
  • Gross Revenue: $1,650,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Co-working space with 5 virtual offices

Is Support & Training Included:

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

Purpose For Selling:

Personal Reasons

Additional Info

The business was founded in 2018, making the business 4 years old.

The property is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell businesses. However, the genuine reason vs the one they say to you might be 2 completely different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competition, recent decrease in incomes, or a range of various other reasons. This is why it is really essential that you not depend totally on a seller's word, but rather, use the vendor's answer combined with your general due diligence. This will repaint an extra realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses finance loans in order to cover items such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that earnings margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new clients? Most times, businesses have repeat consumers, which develop the core of their day-to-day profits. Specific factors such as brand-new competition growing up around the area, roadway construction, and also personnel turn over can influence repeat clients and negatively influence future profits. One crucial point to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business often, the greater the possibility to develop a returning client base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the regional median house earnings impact future income potential?