Back to Listings Listing #43821: Photography

Asking Price : $61,915

Annual Gross Revenue : $112,632

Annual Net Profit : $22,512

Profit Multiple : x2.75

Inventory Value: -

R-Index : 134

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From the Broker

This listing is for a service business created in May 2003 in the photography niche. The business connects people looking for quality online profile photos to photographers in their area. A part-time manager has operated the business for over two years, so the seller doesn't spend any time working on the business. In addition to about 200 photographers (US and Canada), there are three part-time contractors that complete work as needed or when customers select plans that include additional services.

The other three contractors are a developer, profile editor/writer, and photo retoucher. The site is designed using Wordpress, Joomla, and .NET platforms. The developer is available for adding new features, maintenance, and troubleshooting. The profile editor/writer and photo retoucher are assigned work based on the plan/services the customer selects.

To bring in more traffic, the business has listed an affiliate offer and pays commissions to professionals in the space that make have made sales referrals. Reaching out to other potential affiliate programs or partners is an opportunity to grow the business further. The new owner could also increase marketing efforts as this hasn't been given much recent attention.

Site Highlights

Average Monthly Revenue: $9,386

Average Monthly Expenses: $7,510

Average Monthly Net Profit: $1,876

* We are using the last 12 months to determine the averages.

Assets Inlcuded in Sale

Included in the sale of this business are two domain names (1 unused), website, social media accounts (Facebook, Twitter), and 12.4K+ customer information (including mailing address & email).

Work/Skills Required

The business is operated by a single part-time manager, responsible for all day-to-day operations and job & photographer management. The manager has been in the role for over two years.

Reason for Sale

The seller is looking to sell this business as they've lost their passion for it.

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Listed By

Sale Pending: No

First Seen: Mon, Oct 16th 2017

Last Updated: Wed, Nov 22nd 2017

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