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Listing ID: 2757875

Absentee Photo Booth Rentals With 61% Profit Margin For Sale

Omaha, Douglas, Nebraska, United States

$ 44,500

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 42,099

Cash Flow: $ 28,330

Business Description

This fun photo booth rental business books an average of 50 jobs per year under absentee ownership. The first of its kind in Omaha, the company lends itself to flexible scheduling and extra income. Events are worked by 2 attendants on a contracted basis, who also handle set up and removal of booths.

Jobs are split 50% weddings and 50% corporate, with the average billing at $699. Expenses are low, driving a huge profit margin of 61%. The company also has a booth placed in a local business that brings in good money during the College World Series.

In operation for 9 years, the current owner purchased it in 2016 and is looking to sell in order to gain capital for new investments. Listed at a phenomenal price, a buyer will gain a great side business for extra income. Someone looking to earn more could work events and rely less on employees. This is an excellent chance to take a creative company and grow it in many ways.

Property Details

Years Established:

9

FF&E:

$ 59,084

Other Details

Expansion Potential:

Book more events, hire more workers for events, increase digital ad buying, become preferred vendor for popular venues, expand to open photo booth rentals, expand service area

Operation Details

Employees:

2 (1099 contractors) to work events

Support & Training:

90 days – simple training on software and printers that run machines; transporting booths

Relocatable:

Business Relocatable

Miscellaneous

Financing Available:

Yes
Purchase Price: $44,500 30% Buyer Down Payment: $13,350 20% Seller Financing: $8,900 50% Bank Loan: $22,250 A 30% down payment profits $20,688 in the first year after debt payments.

Reason For Selling:

Capital for new investments

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