ID:

Photographic Services – Photographer

Australia
Price: $99,000 For Sale
  • 323
  • 0
  • Takings (p/w): $3,600
  • Rent: $923
  • Net Profit: $1,075

Description

Retail printing and photographic services including direct printing from mobile phones, digital printing, scanning and copying photos, passport photos, photo restoration and manipulation, film developing and printing, movie, film and video tapes to DVD products, memory cards, USB memory, ready made frames, custom framing, photo albums for all sizes, film and batteries, disposable cameras – Extensive equipment list provides enormous in house capability. – Outsourced services extend range of services offered.

Potential

Better promote mobile phone app - promote on social media - update website - better local and national promotion - extend hours on weekends

Features

Bright airy premises - Efficient workflow & equipment - Loyal customer base - Little or no competition in area - Well established.

Premises

Compact store with large north-facing window shop front and an area of 26.5 sq.mts.

Location

Upmarket shopping village in Sydney Eastern Suburbs

Trading Hours

5.5 days - Mon. to Fri. - 9.30 a.m. to 5.30 p.m. - Sat. - 9.30 a.m. to 2 p.m.

Lease

Currently month to month - Landlord has confirmed in writing that new 3 + 3 year lease is available @ $4,000 p.m + GST - 3.5% annual increases - no outgoings - 3 months bond.

Sale Reason

Retiring after 25 years

Employees

Owner + 1 casual

Comments

Vendor is pleased to provide initial training and ongoing support to buyer. Equipment list is available

Additional Information

Weekly Takings: $3,600
Cost of Goods: $1,100
Gross Profit: $2,500
Rent: $923
Outgoings: NA
Wages: $365
Telephone: $45
Insurance: $50
Electricity: $42
Gas: NA
Miscellaneous 1: NA
Miscellaneous 2: NA
Total Expenses: $1,425
Net Profit: $1,075
Estimated Stock: $15,000
Equipment: NA
Annual Turnover: $187,200
Net Profit Margin: 29.9%
Return Of Investment: 1.8 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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