Summary
A rare opportunity to acquire an established and successful profitable photography brand in Queensland's wedding capital. Embrace creativity, multiple income streams and a relaxed lifestyle.
Revenue
$48,000 pa
Rent
$0 pa
Expenses
$9,000 pa
Net Profit
$39,000 pa
Location Details
Queensland sunshine coast hinterland
Base yourself anywhere on the Sunshine Coast from Caloundra to Noosa to Maleny in the sunshine coast hinterland in Queensland. Live the dream from coast to rainforest as photography is mobile as you travel to locations from home.
Potential
A savvy marketing person with knowledge of how to dramatically increase the business social media profile will gain additional sales. The business currently secures about 5% of the existing wedding market of over 300 weddings in the area. The current owner can introduce you to the existing network and crunch the numbers so you increase sales to over $120,000 a year or more if you manage, market and use subcontractors to take the photographs. Income is a result of your energy and desire to capture more of the market share.
Skills
People skills is essential. You must be comfortable with family dynamics and arranging group photos. Energy and drive will determine your sales. Social media and basic photography and camera knowlege is important. The purchase price includes high end camera and lighting equipment. The vendor will provide six weeks of photography and business training at handover. You may have excellent photography skills but the owner can help you with your business skills, budgets and financial goals.
Hours
It is important that you are available from Thursday to Sunday as hours depend on bookings. Work hours are flexible.
Lease
Nil
Employees
Owner operator. Additional staff are sub-contractors
Reason for Sale
The vendor is 71 years of age and after 50 years in the photography industry wants to retire and pass on his extensive skills and business brand name to an energetic person or people. As a well known local he has the capacity to introduce the new owners to the business community and wedding supplier network. As he will remain in the area, he has a reputation to protect and will endeavour to help the new owner succeed.
About the Business
The current brands were established in 2018 in the sunshine coast hinterland. Marketing targets the more than 300 weddings held across 9 major wedding venues and 9 smaller wedding venues within 25km of the photography studio.
The current photography studio is run from home in Maleny but does have the potential to be situated in vacant retail space where the business can expand into a wedding shop and wedding planning services alongside photography and video services.
The sale document lists all the furniture included, camera equipment, studio lights and backdrops, websites, logos, social media sites and intellectual property.
PDF price and product brochures, forms, procedures and work flow systems form part of the business transfer plus business training.
History
The two brands /websites were established in 2018 in the sunshine coast hinterland to service the local area from Bribie Island to Noosa to the Maleny, Montville and Flaxton area. A well known brand with local knowledge and an extensive business network established to promote the photography services.
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