Popular Photo Services & Shop in Essex

Billericay, Essex
REF: R05887

Asking Price:
£99,950
Annual Turnover:
£123,306
Annual Net Profit:
£42,580
Reduced
Recently Sold
REF: R05887
Photo of Popular Photo Services & Shop in Essex
Photo of Popular Photo Services & Shop in Essex
Photo of Popular Photo Services & Shop in Essex
Photo of Popular Photo Services & Shop in Essex

Overview

Tenure:
Leasehold
Established:
1997
  • Excellent Reputation
  • Wide Variety of Products & Services

A lucrative opportunity has arisen for a potential buyer to acquire a photograph processing and printing store in Billericay, Essex.

The business offers a range of services including photo-framing, photo books, canvases, passport photos (post office recommended) and personalised merchandise: photos on mugs, towels, etc.

The printing business enjoys a reputation for quality and service. Firm foundations have been set but there is still ample scope for a new owner to expand to other types of services.

The business trades as a photography service. The shop specialises in digital prints, photographs and framing. Printing is carried out onsite using high-quality equipment, all of which are included in the sale.

The printing business specialises in Photo I.D. Services, supplying Passport and Visa photos for most nations along with general identity photos for all kinds of Licenses, Passes and Age-Related I.D. Cards.
Staff are knowledgeable about the latest requirements from the relevant authorities to make sure service is accurate and efficient. The company also offers a service which preserves old photography. This service allows customers to bring in photographs from which can be conserved online or on digital hardware.

Popular with a younger clientele, the shop also offers an in-store instant print service whereby customers can plug in their smart phone or memory card and print photographs in the moment.

Customers visit the shop to select their prints, which are produced to order. The business is also present online: customers can upload their prints, or personalise gifts using their own photos. A customer can choose to have them delivered or pick them up for free at the store.

On the shop floor there are a display of frames featured on the right-hand side of the store, further along are three kiosks and the counter where transactions are made. There are a display of frames also presented on the left-hand side and a staircase halfway in the room, there are also two units providing air conditioning here. Behind the counter there is a kodak printer and at the rear of the store is a small office. Through a door is the storeroom, a toilet and a kitchen area leading to the back door.

On the first floor there are 2 rooms, one which is used as a photographic studio and is sublet for £650 a month, also fitted with air conditioning. The other room is an office used for administration duties.

The equipment included in the sale are 3 kodak/ apex printers, 1 large format Epsom inkjet (for producing poster or canvas prints) worth £2,000 new. Also included are display shelving, an alarm and a cash register. The market value of these equating to £20,000 approximately.

On the front of the store is a fully licensed kodak sign, inviting customers to come in.

Intelligent Business Transfer are delighted to bring to the market this exciting opportunity to acquire a well-established, printing business.

Since 1997, the company’s top of the range services and excellent reputation have generated an annual turnover of over £120,000.

This is an ideal platform for an already established photograph provider or direct competitor as a bolt-on acquisition. Its excellent reputation, minimal competition and impressive financial figures ensure its success and ability to fulfil its potential.

A variety of opportunities exist for the business to grow. Although word of mouth and online website have built an already large customer base, proactively seeking more customers through social media advertising campaigns would further draw in budding photographers looking to expand their portfolio.

The current owner is willing to stay on for a transitional period, if needed, to assist a new owner. Intelligent Business Transfer are looking for a suitable buyer.

Location

Property

Annual Rent
£25,000
Annual Rates
TBC
Lease Term (Years)
12 years
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
XXXX

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