Fastest Growing Photo Booth Business For Sale
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $22000
Net Profit / Cash Flow $15000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2013
Number of Employees 1 - 3
Inventory 35000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training 1 week on site - 6 months by phone.
Reason for Sale Owner accepted a position with 70% travel and is not doing the business justice.
Description Outstanding opportunity to purchase the fastest growing photo booth franchise at a great price! This is the original franchise in the Chicagoland area.
* Outstanding franchise support
* State of the art technology makes this photo booth far superior to a traditional photo booth business.
* Average rental is above $1,000 (predominantly corporate requests)
* Set up and take down is less than 30 mins. All equipment can be transported in a standard SUV versus
traditional equipment
* Client events to date include organizations like Nordstrom, Office Max, Sodexo and numerous corporate clients.
* Largest single event was $5,000 but owner had to turn down a $30K event due to schedule conflicts
* Opportunity is unique because the owner purchased 2 sets of equipment, allowing for simultaneous event revenue at the weekends.
* Owner has invested over $15K in start up advertising in the Chicago land area.
* Owner has secured incredible storage with 24 hour access for much cheaper than the market average - but many owners store at their home.
Owner accepted a position in December 2013 with excessive travel internationally and would like to sell the business to an enthusiastic buyer. This is an opportunity to buy an existing business with $22,000 in revenue generated from start up in 5 months. Price will be less than the start up price. Owner has 2 outstanding event companies who are providing ongoing event requests. Additionally, the owner had to turn down a week long event due to travel restrictions (this would have covered the cost of the business!). Contact for a phone meeting.
Note: All buyers must be vetted and approved by the owner and the Franchise.
Click Here To Contact Seller
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