Photo Finishing Lab Listing ID: 2490 Location: Redondo Bch., California
Brief: Note that the business is a member of the Independent Photo Imagers (www.ipiphoto.com) and through this affiliation is able to purchase supplies and merchandise at considerable savings.
Listed Price: $60,000
Total Revenue: $257,208
Seller's Discretionary Earnings: $56,017
Fixtures Furniture, & Equipment: $60,000
Real Estate: N/A
Inventory: $5,000
Financing / Terms: Partial Seller Financing Available
Business Information
Year Established: 1994
Number of Employees: 4
Days and Hours of Operation: 9-6 (M-Fri) & 10-6 (Sat.)
Relocatable: No
Franchise Information: Not Applicable
Facilities / Location: Excellent outdoor mall visible retail business location with abundant parking a few short blocks from the beach. Located in affluent area with approximately 1,350 sq. ft.
Lease Information
Lease Expiration Date: May, 2011
Option: One - additional 5 year term
Monthly Rent: $3,301.48
Additional Information
Reason for Selling: Seller considering relocation.
Business Description: A Custom Photofinishing Lab with the capacity to print pictures from film or digital camera files.
Services offered include:
• Video to DVD transfer
• High speed print stack scanning
• Bulk 35mm slide scanning.
All three of these services are currently offered in-house and enjoy a very high profit margin. Business recently remodeled and created an area which houses 5 kiosks for standard digital printing, two of which make coffee table books, collage posters, mini photo albums and folded greeting cards. In addition, business houses a “Photo Lounge” by including several comfortable
chairs and a kid’s play area. Thus, the business handles film and accomodates almost all of the needs of the digital photographer.
Obtain Business Profile and additional supporting documentation to realize the full extent of this substantial business opportunity.
Potential for Growth: There is room for expansion into additional areas, including scrapbooking, scrapbooking classes and more educational services. These value added services will draw customers into the store and expose them to all of the other services offered by business. Another avenue to explore in the future is to offer classes on digital photography basics for the novice customer such as storing and managing digital photos.
