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Unique Photography eCommerce Business w/Low Workload

16 November 2018
  • Ecommerce

Annual revenues

$858,862

Annual profit

$222,993

Multiplier

x 3.21

Asking price

$715,000

Business description

Launched in January of 2014, this photography product business has a unique angle in the photo space. Back in 2010 two professional photographers had clients asking about having photo booths at weddings and other events. After a few years of refining the product they launched online in 2014. The business sells a modern version of a photo booth.

The sellers have another business that dominates most of their time and have aggressive plans to expand into two additional states in 2019.

The business has one employee and a small space for operating the business. Both of these are transferrable to a new owner. Conversely, if a buyer wanted to take over all the tasks the owners take on plus the workload of the 1 employee it could add an additional $40,000 to the bottom line.

Both the organic and direct traffic channels are thriving. There is a clear path to growth by investing more in SEO, paid advertising, social advertising, content marketing. All of these methods have been proven to drive customers. Another great opportunity is to explore a couple of the large photography trade shows to further increase the brand exposure.

This listing is managed by Brad Wayland.

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