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CF048-Photographic studio specialising in contemporary family portraits A Venture Photography

Asking Price: GBP 120000
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Business Location: United Kingdom » Buckinghamshire » Marlow 
Category: Services » Miscellaneous Services
Description:
Photographic studio specialising in contemporary family portraits
A Venture Photography franchise

Ref no: CF048
Confidentially offered for sale
Location: Marlow, Buckinghamshire
Asking price: £120,000

Established in the town for over ten years and acquired by the current owners at the beginning of 2008, as a result of a very good customer experience, this exceptional photographic studio is one of the leading Venture Photography franchises in the south of England. Specialising in contemporary family photography, this business is ideally located in Marlow, one of Buckinghamshire’s most affluent towns, drawing business from as far afield as High Wycombe, Maidenhead, Oxford, Amersham and Aylesbury. Its operational base, a prime location in a secondary retail position just off the High Street in Marlow, was deliberately selected to attract the discerning end of the market, whilst minimizing overheads.

Venture is the leading photographic businesses in the UK with over 50 professional studios across the country, in Ireland, the US and Asia. Its product is easily recognizable – any family portrait ‘shot’ against a white background has probably come from this franchise operation. Photographic studio sessions are typically one hour fun filled, friendly, informal experiences with a well trained and highly experienced professional photographer. Unlike many franchises in the Venture group, in the case of this business the photographers are directly employed and are not either of the owners.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
400000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N/A
Year Established: 2008
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 8
Reasons for selling:
The owners wish to pursue other business interests.
Market competition and expansion:
Alongside the major marketing support generated by the franchisor, the business runs a very effective and well planned local marketing campaign focussed around community initiatives involving the provision of raffle and auction prizes and appearances at local schools, fetes and exhibitions etc. The business has a very well designed and impactful exhibition stand with an impressive display of images – a virtual studio with the capability to e-mail shots back to the studio for print and production. It has also been very successful in developing corporate relationships with local car dealerships, gyms, hair and beauty salons etc offering their customers the opportunity to claim a photo session and one small complimentary print worth between £95 and £165. . The business also benefits from the franchisor’s very well designed, informative and easy to navigate website which performs very well in all major search engines for all appropriate search terms. By far the most effective form of marketing for the business however is the strong word of mouth recommendation the business enjoys and the repeat business from previous customers, testimony to the very high levels of customer satisfaction the business engenders.
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