Retail - Self Photo Studio - FN1288

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$150,000

Description

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

Potential

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

Features

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

Premises

This business has an area of approx. 89 sq. mts. including 6 booths with aesthetic interior

Location

Prime street front location in very popular shopping strip in Sydney Inner West.

Trading Hours

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

Lease

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

Employees

Under Management - 1 full timer, + 2 part timers

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

SBX ID

FN1288

Figures
  • Takings: $11500/week (GST)
  • Cost of Goods: $500
  • Gross Profit: $11000
  • Rent: $3357
  • Wages: $1300
  • Outgoings: $725
  • Insurance: $30
  • Electricity: $50
  • Misc 1: $1038
  • Total Expenses: $6500
  • Nett Profit: $4500
  • All other values ex GST
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