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    • Passively-Run Photo Booth Business for Special Events

      Passively-Run Photo Booth Business for Special Events

      Business Type

      Services - Other Personal Services

      County Douglas State Nebraska
      Property Status Established Business Asking Price $131,000.00
      Down Payment Total Debt
      Gross Sales Total Income
      Total Expenses Terms
      Listing Flyer
      Financial Overview
      List Price:$131,000
      Gross Sales 
      2017: $83,521
      2016: $86,158
      Owner Profit/Cash Flow
      2017: $41,606
      2016: $44,243
      Profit Margin: 49%
      Multiple: 3.1    
               2 Year Ave Cash Flow (16&17)  x  Multiple  =  Price
                  $42,924   x   3.1  =  $133,064

      Assets Included in Purchase: $65,970
      Equipment: $65,970 – includes 3 TV monitors, 22 stanchions, 3 open air booths, and more!
      Intangible Assets: High SEO rankings, several positive reviews on social networking sites, word of mouth reputation, website
      2018 Booked Events: Already have 45 booked events at $30,480; events include proms, corporate meetings & parties, weddings, anniversaries, birthdays
      *amounts may vary

      Business Information
      Year Established: 2010
      Service Area: Omaha and Lincoln
      Reason for Selling: Capital to start new business
      Bookings: 141 booked events in 2017
      Booth Packages: wedding, party, VIP, Hollywood – booths can fit up to 12 and come with red ropes, LED lighting, TV monitors to display the fun, scrapbooks, CDs and more!
      Amenities: red carpet runway, backdrops, customized photo strips, props, VIP frames
      Fees: On average, a $750 event nets the owner $565
      Employees: contract labor as needed (current owner pays $25/hr but suggests rates as low as $15/hr)
      Hours: Varies by booking (most are from 4 to 7 hours)
      Seller Training Period: 90 days
      Growth Opportunities: Work events without contract labor, or keep labor and increase bookings, utilize Instagram
      Current Owner’s Responsibilities: Book events, mostly passive as contract labor runs the booths

      Funding Example
      Purchase Price:$131,000
      15% Buyer Down Payment:$19,650
      25% Seller Financing:$32,750
      60% Bank Loan:$78,600

      In the first year, a buyer with a 15% down payment of $19,650 should profit $20,837 [106% return] after debts and expenses are paid. 

      Turn up the fancy for weddings, parties and corporate events with this elegant photo booth business netting a 49% profit margin!  Current owner runs passively, but increase profits by attending the photo booths yourself at each event.  An average 4 to 7-hour booking runs at just over $600 with expenses at $150 to $184, resulting in a net profit of over $415 per event!  Business is being turned away as the owner is unable to accommodate the demand.  

      Customers can choose from 4 photo booth styles: wedding, party, VIP and Hollywood.  Booths range from a cozy, five-person capacity to a whopping 12-person affair.  Photo strips are presented on stylish VIP frames, and those waiting outside can see the fun within the booths broadcast over TV monitors.  Party guests are also treated to fun props to be used in the photo booths, and the Hollywood vibe is real with red carpets and stanchions for the VIP experience.

      Established in 2010, this business is fully operational and ready for a new owner to step in and begin booking events. Uniformed employees staff the booths as needed for the events, taking care of pre-event setup, helping customers during events, and teardown afterward.  The current owner books events and manages the contracted labor.  This business could easily continue as a passive operation, but profits would increase by an owner working the events. 

      In the first year, a buyer with a 15% down payment of $19,650 would profit $20,837 (106% return) after all debts are paid.

      Print Listing
  • Lease / Asset Information
    • Rent Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory Inventory Included No
      Furniture, Fixtures, and Equipment (FF&E) FF&E Included No
      Other Assets Assets Included No
  • General Business Info
    • Other Information
      Employees Part Time Employees
      Hours Open Days Open
      Year Established
      Selling Reason
      Property Features
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Name Cortney Sells
Phone # 4029985288

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