Owner Profit/Cash Flow
Profit Margin: 49%
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
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
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.