 | Long Established, Thriving Photography Business and Studio For Sale Sheffield, South Yorkshire, United Kingdom Advert ref: 1506GT FINANCIAL DETAILS | Asking price: £64,500 Sales revenue: £96,000 Net profit: £6,300 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | A long established, thriving photography business and studio occupying an excellent, retail trading position within the extremely well known and ever popular Meadowhall Shopping complex to the North of Sheffield.
Fotogenik operates extensively in the fields of portrait and passport photography along with modelling portfolios and all types of general photography undertaken on the premises, alongside retail sales of frames and other associated products. The business also specialises in photography services for weddings and other functions, home portraits, nurseries and schools, animal and a wide variety of specialist photography. Additionally, Fotogenik also undertake the photography for the annual Meadowhall grotto.
A Photography Studio has operated from these premises since the opening of Meadowhall in 1990, and the business is now regretfully offered for sale in order to allow our clients to concentrate on their other business interests. The vendors have chosen not to actively market or promote their services, and this clearly presents an excellent and unusual opportunity for very significant further development by the enthusiastic and hands-on new owner/operators.
Premises: Well-presented and superbly positioned open fronted retail premises with customer service counter, stock display shelving and racking, and well equipped photography studio area. The premises were recently refurbished and fitted with high quality equipment at a cost of circa £35,000.00. All equipment is included within the sale price.
Please Note: All income from work undertaken away from the premises is not included in the above Turnover & Net Profit figures. This produces additional net profit of circa £5,000.00.
Please Also Note: Approximately 3 months business was lost during 2007 due to flooding.
Accounts: Information will be made available once the business has been viewed.
Viewing: Please telephone this office on 0114 2356600 and we will arrange a suitable time for both parties.
Offers: All offers are for the leasehold, goodwill, fixtures and fittings and should be made to this office.
Finance: Our in-house Finance Department specialises in arranging the funding for all types of business purchase.
Terms & Conditions: Please read our Terms & Conditions overleaf before proceeding.
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GENERAL INFORMATION | Property: Leasehold
Lease terms
: We are informed that the premises are held on a 12 month renewable license at an all inclusive annual rent of £38,000.00, covering rates, utilities, corporate advertising etc.
Location
The business occupies an excellent trading position on ‘The Lanes’, well positioned within the thriving and ever popular Meadowhall shopping complex, one of the largest in the UK.
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The Business Partnership - South Yorks, North Notts, North Derbys | | | |
