Photo Lab, Imaging & Camera Business For Sale
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $192000
Net Profit / Cash Flow $32000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1979
Number of Employees 1 - 3
Inventory 30000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will train a new buyer during a pre-determined transition period.
Reason for Sale The owner wishes to retire.
Description City: SW, VA
Asking Price: $225,000
Gross Income: $192,000
Cash Flow: $32,000
FF&E: $50,000
Inventory: $30,000
Real Estate: Leased
Financing:
Owner financing may be available for a qualified buyer, see broker for information on financing packages.
Facilities:
This Photo Lab occupies very attractive and modern (leased) retail (Out Parcel) space in a strip mall (with large display windows) on a busy highway near the area's largest indoor mall and has approximately 1,100 +/- sf. The business has great traffic exposure, very attractive retail space, and complete photo lab processing facilities.
Support / Training:
The seller will train a new buyer during a pre-determined transition period.
Reasons for Selling:
The owner wishes to retire.
Competition / Market Pros and Cons:
There are no other photo imaging labs in the area and a new owner could easily expand the business' customer base.
Growth and Expansion Pros and Cons:
This Photo Lab & Camera Store is in a great market area with easy access, and plenty of parking. A new owner could easily attract more business by calling on local commercial accounts and adding more products, and services.
Year Established: 1979
Number of Employees: 3
Listing Summary:
This Full Service Photo Lab & Imaging Center is nestled in the beautiful New River Valley. Located only minutes from two State Universities, and experienced in dealing with the exacting needs of artists and professionals, as well as quality conscious amateurs. The Photo Business offers a full line of cameras and accessories for sale and has also began offering mail order services several years ago because some customers who left the area could not find a satisfactory substitute in their new location. The business has taken the next step by offering web based photo services.
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