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SOLD! Commercial Photo Lab and Picture Framer – North Gold Coast

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SOLD! Commercial Photo Lab and Picture Framer – North Gold Coast
Industry Leader, On target to achieve $190K profit to owners in FY2021

Business Sale Price:

$190,000

Business ID: BS142609
Location: QLD Regional
Type: Service

SOLD
$190,000

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SOLD! Commercial Photo Lab and Picture Framer – North Gold Coast

This successful Commercial Photo Lab and Picture Framer has been priced for quick sale. Established by the owner over 20 years ago, it has a well established commercial client base (accounting for around 50% of Revenue) and produces consistent profits to the owner. The shop is beautifully fitted out and is powered by the latest machines and technology available in the industry.

Products and Services include Digital Photo Printing, Canvas and Giclee Printing, Large Format Printing, Self Service Digital Photo Kiosks, Passport Photos, all types of Picture Framing and more. The spacious 88m2 shop allows ample room for the retail space out the front and workshop out the back. The business website, with seamless integrated online ordering, is returning steadily increasing monthly profits with vast growth potential.

Business Highlights

  • Profit to 1.5 working owners on target to exceed $190K in 2021
  • Purchase price includes $117,000 worth of assets (valued by owner)
  • Solid performance despite covid, with all time record sales in the last 6 months
  • Recently updated website with photo uploader and online ordering
  • 1st Page Google rankings
  • 50% revenue from commercial clients
  • Latest equipment and technology
  • Currently operates only 5 days per week
  • Great Lifestyle potential on Gold Coast
  • No specific knowledge or skills required
  • Approachable landlord, very reasonable rent

The business is suited to someone looking for predictable profits, an opportunity for growth and potential for lifestyle. Located on the Northern Gold Coast, and trading just 5 days per week, this business is ready for a new owner to continue building on its solid foundation.

The owner has a genuine reason for sale and has priced the business for a quick sale. Asking price $190,000 PLUS Stock at Value (estimated at $20,000). Purchase price includes assets valued by the owner at $117,000.

Details

Subheading : Industry Leader, On target to achieve $190K profit to owners in FY2021
Business ID : BS142609
Price : $190,000
Search Locations : QLD Regional
Search Type : Exclude Hospitality, Service
Price Range : $1 - $500,000
Status : Sold

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    REIV Awards Winner - Business Broker of the Year

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