Photographers/Photo Shops for sale in Croydon

View the "Professional Photography Studio & Printing" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £49,995 Price Reduced Turnover: £68,175 Gross Profit: £55,122
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Business Description
Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire an exceptionally well run and performing, turn key photography business with an excellent reputation.

Photo Smile has been created and run by our client for 3 years and has increased in profit each year.

Customers can come and enjoy the professional studio to capture special moments.

The business offers:

• Newborn, family and maternity portraits
• Portrait photography
• Passport photos
• Photo restoration and editing

They also offer in-house printing solutions where customers can choose from:

• Canvas printing
• Photo mounting on acrylic
• Photo mounting on wood
• Aluminium printing
• Foam printing
• Photo collage
• Poster printing

Photo Smile also offer photo gifts, such as; mugs, coasters and snow globes.

The current owner is now reluctantly selling the business due to family commitments.

Scope to improve:

• Maximise social media
• Extra staff to offer more appointments
• Open Sundays

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

Early viewing comes highly recommended as the business is positioned in a highly sought for location with low annual rent, a huge client base and scope to build upon.

Location
The business is located in along the High Street in Croydon. It is situated amongst a parade of other complementary businesses such as a charity shop, cafe and bar.

Croydon is a large town in South London 9.5 miles South of Charing Cross. The principal settlement in the London Borough of Croydon, it is one of the largest commercial districts outside Central London, with an extensive shopping district and night-time economy.

Photo Smile is 0.8 miles from East Croydon train station which operates a southern, Thameslink and Gatwick Express service.

Premises
The premises is along a busy road which allows excellent visibility to passing traffic.

Full length windows and glazed doors creating a light, airy and inviting interior.

The counter is located to the center of the premises which houses the PC and card machine. Behind the counter is the studio area where the customers photos are taken.

Basement:
Included in the lease is a large basement area which has the same floor space as the ground floor, here the printers are located along with supplies such as paper, canvass and frames.

Equipment:

• Counter
• Apple PC
• Shelving
• OKIMC362 printer
• Epson Surelab D700
• Lenovo PC
• touch screen multimedia photo PC
• Epson Stylus Pro 7890
• Magic Touch Machine
• 2 x Pixpro Lumi 400
• Shutters

Tenure
This business is a Leasehold opportunity, with 7 years remaining from the original 10 years.

The advised rent is £18,000 per annum which is very good considering the size and location of the premises.

We are advised that the rates currently payable are £318 per annum.

Hours
Monday - Saturday 9.00 am – 6.00 pm

Staff
The business is currently being run and managed by our client along with an ad-hoc part-time member of staff.

Financial Profile
We have been advised the business has a turnover of £68,175 with gross profit of £55,122 and net profit of £25,716

Assets: £20,000
SAV: £3,500

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04751
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