Retail – Self Photo Studio

For Sale

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Inner West

Business Code: FN1288

$200,000.00
Key Features: Well established- Very easy operation- Popular for young generation and students- Prime location- No competition.
State: NSW
Suburb: Strathfield
Location: Prime street front location in very popular shopping strip in Sydney Inner West.
Premises: This business has an area of approx. 89 sq. mts. including 6 booths with aesthetic interior
Price not disclosed

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Other venture

Sale Reason

02/2024

Established

Street parking

Parking

Under Management - 1 full timer, + 2 part timers

Employees

7 days - Monday to Sunday - 12 noon to 11 pm

Trading Hours

5 + 5 years lease commenced from August 2023, - 3 months bond - 5% increases per year

Lease

Self photo studio having 6 photo booths- each booth equipped with a variety of backdrops and environmental set-up and a vast colllection of props that customers can use in their photo. – offering to capture an unforgettable moment in time for customers – Customers can expect to get a print-out of the photos that they have selected and also offers a wide range of high quality accessories and most popular fashion items to choose and use to enhance the photo experience.- charging $15 for 2 photos and $5 for additional photo and $20 for muti frame 3 photos

Features

Well established- Very easy operation- Popular for young generation and students- Prime location- No competition.

Potential

Do more promotion- Owner operating can save wage- Can give renting out space for a private event

Comments

All sales records are available in the system- Misc. - 1 - Royalty (8%) paid to head office - wages based on 1 owner operating, currently paying $2,300 per week - No.1 brand self photo studio from Korea

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$11500
Cost of Goods
$500
Gross Profit
$11000
Rent
$3357
Wages
$1300
Insurance
$30
Electricity
$50
Misc 1
$1038
Total Expenses
$6500
Net Profit
$4500
Price
$200,000.00
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