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Established Photography Business - Relocatable For Sale

Shipley, West Yorkshire, UK
Asking Price:
£29,995 Furniture / Fixtures included
Turnover:
£8,848
Net Profit:
Available on request

Brand Name Established Over 20 Years
Accounts Year End 30th June 2021
Turnover on accounts £8,848
COVID Heavily Affected
Strong Following On Social Media
Good Potential To Diversify
Handover Period Offered
Work and Income Already Secured For 2021
Excellent Reputation
Strong Referrals and Recommendations

Blacks Brokers are pleased to bring to the market this professional wedding photography business covering the Yorkshire region.

INTRODUCTION

Graham Charles Photography has been operating within the region of Yorkshire for the past two decades. The business has built its reputation upon a relaxed and unobtrusive wedding photography style that allows the business to grow year on year through recommendations and referrals. This reputation is further supported by an impressive Facebook following of over 1600 people with 5 out 5 reviews on the platform also.

LOCATION

The business is operated from our client’s home and therefore is relocatable but it is worth noting that our clients current operation, whilst attracting business from surrounding counties focuses on the Yorkshire area.

REASON FOR SALE

This opportunity has become available due to our client’s retirement plans and therefore the business has been placed on the open market at this appealing price point.

FUTURE OPPORTUNITIES

The business has weddings booked into 2021 and beyond and currently stands at circa £30,000 worth or revenue in 2021 with more being added. This provides a new owner with a steady income stream.

BUILDING LAYOUT AND DESIGN

There is no property with the sale.

STAFF

There are no transferable staff with the business as it is currently operated on a part time basis with our client and his wife.

FINANCIAL DETAILS

Currently the business is trading strongly and can show turnover of £28,237 with a gross profit of £20,148 and an unadjusted net profit of £7,607, this figure does not take into accounts £6,136 salary paid to the current owners partner which would also be put back into the profit. The business does not actively market itself as trade is generated through referrals and recommendations.

SUMMARY

The business has been trading over the past two decades and has provided a steady income stream for our client over this time. The business would ideally suit a photographer who is embarking on their career as our client is willing to offer support through a handover period and also can provide help with software.

Apart from a few free listings in directories the business does not actively advertise as there is no requirement to do so as all marketing is done through a well established high ranking website, referrals from previous clients and social media pages. Facebook and Instagram accounts along with other platforms will of course be transferred to the new buyer upon completion.

It is rare for a genuine opportunity such as this to come to market at therefore early interest is anticipated.

Property Information

Property:

Leasehold

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