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Phoenix

  • Listing No.: 115-11127

  • Category: Retail

Asking Price $149,000.00
Down Payment $149,000.00
Gross Revenue $375,000.00
Total Adjusted Net Income $45,000.00
Equipment / Fixtures $40,000.00
Year Established 1954
General Location Phoenix
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Rare opportunity to purchase a well established Photography Business in Phoenix. This business has several income streams including Retail Sales of Cameras & Equipment, Photography Studio, Photo Processing Lab, Photography Lessons and more. The business has an outstanding reputation which has been developed over many years, and is being sold due to the owners re-locating. This is an ideal opportunity for an existing Photographer to purchase a well established business, which has the potential to be expanded in a number of different areas. Sale includes $40,000 of FF&E, well trained specialist staff and a favorable lease for the retail business. Not included in listing price: $30,000 in inventory.

Gross Revenue $375,000.00 Listed Price $149,000.00
Total Income $45,000.00 Down Payment $149,000.00
Base Rent $1,750.00 Square Feet 1250
Total Rent $1,800.00 Lease Expiration 4/2020
Rent Deposit Lease Options yes; 2 x 3 years
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $40,000.00 Other Assets
Full-Time Employees 3 Training Period 2 weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling Relocating

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.