Asking price: £35,000

Sales revenue: £100,000

Net profit: £16,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are pleased to offer for sale this very well established professional photography and picture framing business, which offers excellent future potential.

The business has been established by our client over 30 years in which time considerable amounts of reputation has been built to serve the business and is only now being reluctantly offered for sale due to our clients plans to retire.

Our client is a qualified master photographer, which enables him to carry out different variations of work.
The business offers a professional photography service, which includes mainly portrait and restoration work plus some wedding ,commercial and legal work

A fair amount of work is generated through the baby cherub promotion, which is nationally recognised and generates approximately 100 leads per month, this equates to a good percentage return.

Currently our client does not advertise as the work is generally through recommendation. A strong database of 15000 clients offers great scope of repeat work.

To compliment the business, our client offers a professional range of picture framing, which is all done on site.

The premises itself is equipped to a very good standard, which includes a

• Morso guillotine machine,
• Brevetti underpinner,
• Mini compressor, a
• Hot Press vacuum press
• PCs, (which are fully networked).


The business is staffed by the vendor with two full time members of staff. It is worth noting that both staff have enjoyed continued employment for over 20 years.
REF: 9107DN

Employees: The business is staffed by the vendor with two full time members of staff. It is worth noting that both staff have enjoyed continued employment for over 20 years.

Trading hours: Mon-Fri: 9am – 5pm Sat: appt only

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 5 years Remaining lease: 2 years Review every: nil Rent: £7,000 per annum We are advised that the annual business rates are currently: £1000

Location
Our Client is conveniently located on a busy main road of a popular residential suburb of Scunthorpe in North Lincolnshire. The immediately vicinity serves as the main shopping area, which consists of several independent retailers and supermarkets. A generous amount of footfall is generated, which has bolstered trade in this thriving area.

There is ample parking facilities with bayed parking directly in front of the premises, equally there are a number of low cost pay and display car parks in the area.

The area has road links via the M180 and M181 motorways and the A15 and A18 trunk roads.

Expansion potential
The business has huge potential to increase in both sales and profits vastly by: 1. Advertise extensively in the local area 2. Acquire further legal and commercial work 3. offer increased services in wedding photography 4. integrate canvas printing 5. increase retail products to reflect the business The business is an ideal acquisition for an existing professional photographer to acquire and manipulate the strong database.

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