High-End Photography Processing
Location:
United States
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California
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Southern California - All Southern California
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Temecula
Industry: Business Services > Other Services
Business Summary
Sale price: $199,000. In business since 1988 (one owner), this full service photo lab is known throughout the community for their high quality work. It is Photo Works ability to produce excellent results for even the high quality difficult jobs that gives the company it's competitive advantage. Photo Works is a fully digitized lab provides processing to the needs of commercial and professional photographers. One hour processing service is available, along with digital restoration and prints up to 30'' x 40''.
In recent years the owner has delegated the majority of the photography duties to staff and now primarily concentrates on administration and management.
Photo Works generates 62% of revenue from developing and reprints with the remaining revenue from other services and photo related sales.
Employees. The lab has two full time staff who perform the bulk of the photo lab work and one part time staff. The senior staff person (not owner) has 17 years of photo processing experience
Customers: professionals and mid-to high income non-professionals.
Facilities: 1,155 square foot leased located on busy street.
Equipment includes (included with sale): Fuji Frontier 350 Minilab with updated PIC, Fuji Film Processor FP562B, Epson Stylus Pro 9600, two computers, dry mounter, camera and film accessories.
Open: M-F 9:30 am - 6pm Saturday 10 am - 4 pm.
Competition: The business generates approximately 25% of its business from walk-ins drawn by its location on a busy street and yellow page ads, with the balance from repeat clients.
Email or contact Clara Reaume, Robbins & Associates, at 760-351-6929 for more information on this Photography Processing business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$309,549
Cash Flow:
$92,606
Cash Flow Type: EBITDA
Inventory: See above.
Seller Financing: No
About The Business
Year Established: 1988
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
About The Sale
Management Training and Support: To buyer.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Business Services > Other Services business for sale.
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Print Listing Id: 70031091
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