Profitable Low Maintenance Self-Portrait Photography Studio
The business has been in operation for nearly 2 years in the heart of downtown Montreal. Thanks to its excellent […]
Profitable Low Maintenance Self-Photography Studio
Montreal, Quebec
Asking Price: $39,000
Reference: 1009
New Listing!
Seller Financing Available
Revenue
$51,273
EBITDA
$6,989
SDE
$15,709
Asset Value
$11,000
NWC
$2,500
Executive Summary
The business has been in operation for nearly 2 years in the heart of downtown Montreal. Thanks to its excellent brand and online presence, as well as recent renovations, it has managed to generate stable profits since its establishment in 2021.
In a millennial and gen-Z growing market, the business is ready to continue its expansion. The current surplus capacity allows additional customer inception and positions the company perfectly for sustained growth.
Furthermore, with its novel self-portrait photography concept, the company is at the forefront of photography trends trends. With continued growth within the social media market, further pushing for quality photographic content, the business is well positioned to ride the wave.
The business also stands out for its nearly completely hands-off operations, requiring only about ten hours of owner management time per month. This limited time contribution makes the 14%+ profit margin, which is nearly double the industry average, a very interesting addition to an existing business portfolio or an entrepreneur looking for a first venture. And with average annual discretionary earnings of just over $13,000, the company is in a great position to finance steady growth.
With an increase in the use of its existing capacity, increase in opening hours and diversification of its offerings, the company is in an excellent position to support continued growth under new ownership.
Business details
| Year Established | 2021 |
| Number of Employees | 1 |
| Property | Leased |
| Reason for Sale | Change of interests |
| Training and Support | Owner will train buyer and willing to stay in a supportive role (timeline negotiable) |
Industry
| Industry Overview |
|
The photography studio industry in North America includes mainly portrait, commercial and still photography services, either on site or at a studio. Although demand for photography services has known a slight decline due to smartphone improvements and broader economic conditions, studios have since reopened and experienced a return to modest growth. |
| Growth Opportunities |
|
The photography industry has experienced a small annual decline of 1.3% between 2019 and 2024 mainly due to the COVID-19 pandemic and its repercussions. The estimated yearly growth for the years 2024-2029 is 0.3%. Both profit trends and the marketing potential of photography studio businesses are favorable. The company operates in a modestly growing market with a strong brand, excellent access to customers, and untapped capacity, making it well-positioned for growth over the next several years. Additionally, the company could diversify its offerings by leveraging longer opening hours and service diversification. A new active and ambitious owner would be able to grow the business at an estimated rate of approximately 10% per year over the next few years. |
Price and Financing
| Price |
|
The estimated value of the business is CAD $39,000. This estimation takes into consideration not only the company’s past financial success but also its business model, which presents numerous competitive advantages:
|
| Proposed Terms |
|
All debts and short-term liabilities will be paid upon the sale. The cash on hand will be retained by the seller. The seller is open to seller financing if the sale price is acceptable. The remaining financing will be a combination of cash and/or institutional loans. The seller is open to a transition period to be negotiated before the closing of the sale. The final terms will be determined between the seller and the buyer in subsequent negotiations. Mondro Consultation offers 10 free one-hour sessions subject to an individual agreement between the buyer and Mondro Consultation. CBR available upon signature of NDA – contact Mondro for more information. |
Contact Us
Mehdi Alami
Mondro
Greater Montreal Area
mehdi.alami.hassani@mondro.ca
514-686-1290
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