Description
OFF-MARKET ‘Q3 2023
VIP High End Clientele Photography Tourism / Workshop Firm
Los Angeles, CA
Seller financing available if the price and deal structure is right
Asking Price: Best Possible Offer
Cash Flow: $1,445,000
Gross Revenue: $8,218,000
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 2007
Employees: 16.
Business Description:
Founded in 2007, the Company provides best of breed photography workshops for different genres of photography such as landscape, wildlife, cultural, travel, street, documentary, and many more styles, at different locations across the globe covering around 28 countries. The rise in the digital media market showcases the positive outlook for this industry. Furthermore, social media trends amongst the youth and ease of internet access is bound to give impetus to the photography industry. In addition to this, improved tourism will also boost the market for the same.
The company has a clientele of more than 2,000 which they have served in last 15 years and is expected to grow more in the future, also there has been a rise in the number of repeat clients – with some of the loyal diehards even going on 30+ trips. The Company is 95% sold out for 2022 and already 50% sold out for 2023, with many of the itineraries already fully committed for next year. The tremendous attention to detail by the Founders in designing, deploying, refining, and enhancing every operational system within the Company makes this a turnkey operation for any remotely competent businessperson. This is an exciting, portable, branded, truly unique and amazing lifestyle acquisition opportunity where every day is different and the accolades from satisfied participants roll in regularly, making this a truly satisfying and rewarding career for the principals and the future acquirer!
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Company is domiciled and HQ is in Southern California, with the three partners in California, Massachusetts, and New York. The company’s workshops are worldwide. This company can be absorbed by any buyer worldwide.
Competition:
A few competitors in the space but none as both high-end and full no-headache / white glove service as the Company.
Growth & Expansion:
With the acceptance by youth to take up photography workshops, the shift to photography as a profession has seen an exponential rise, and to add on, everlasting social media trends have also given tailwinds for the same.
Financing:
TBD if the price and deal structure is right.
Support & Training:
As needed – specific terms for transition support can be negotiated. The principals wish to facilitate a successful and smooth transfer of the business.
Reason for Selling:
Retirement