Business Overview

This is a unique opportunity to acquire a residential real estate photography business with a client list that’s been developed over the past 15 years and produces consistent and profitable cash flow. The business provides marketing photos of homes to realtors across the greater Los Angeles area. This business has a diverse group of clients ranging from cozy, quaint ranch houses to multi-million dollar luxury homes. The diversified clientele keeps revenue consistent and growing as the business owner receives new clients every week. There is a great opportunity for growth as there is currently no marketing being done, all clients come through word of mouth and referral. The business is home-based making it easy for any independent photographer looking to build their first business or an established photographer looking to expand their client base. If buyer prefers, seller is willing to stay on for a while to help train the new owner on how to run the business and take photos with his iconic aesthetic. Inquire now! Email inquiries to: msmith@fcbb.com.

Financial

  • Asking Price: $225,000
  • Cash Flow: $139,296
  • Gross Revenue: $229,567
  • EBITDA: N/A
  • FF&E: $3,500
  • 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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The seller is active in business with 1 IC employee. Hours of operation are; Summer Hours: 10am-9:30pm, Winter Hours: 10am-5pm, Photo Shoots are subject to day light hours and 7 days a week. Included in asking price are $3,500 in equipment and fixtures. (Home Based)

Is Support & Training Included:

30 days

Purpose For Selling:

Seller is interested in other business ventures.

Home Based:

This Business Is Home Based

Additional Info

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

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. However, the genuine reason vs the one they tell you may be 2 entirely different things. For instance, they may claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in earnings, or a variety of other reasons. This is why it is extremely vital that you not depend entirely on a seller's word, but instead, make use of the seller's solution together with your general due diligence. This will paint an extra realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies finance loans with the purpose of covering points like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that earnings margins are too tight. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in brand-new clients? Many times, companies have repeat consumers, which form the core of their day-to-day revenues. Specific aspects such as new competitors growing up around the area, roadway construction, and also personnel turnover can impact repeat clients as well as adversely affect future profits. One important point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the higher the chance to develop a returning customer base. A final thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? How might the regional mean house income influence future earnings prospects?