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CONFIDENTIAL SALE
FOR SALE
22/08/22
499026
INTRODUCTION
Go West Photography has been successfully operating throughout Kent and the Home Counties since March 2007. The business has built its excellent reputation upon a relaxed and unobtrusive wedding photography style that has allowed the business to grow year by year through recommendations and referrals.
Go West Photography also offer Commercial, Event and Portrait Photography to a wide range of clients with an important emphasis on Customer Service. Their reputation is further supported by an impressive Facebook following and five out of five reviews on the platform. They have been trading for over 15 years which has provided a steady income apart from the two years when Covid measures stopped weddings, events and portraits being held, but business is now building up to pre-Covid levels.
The business would ideally suit a photographer or husband and wife team who are embarking on their photography career. The owners are willing to offer support through a handover period to ensure a smooth transfer for the first few months if required. New owners will be perfectly positioned to take full advantage of the excellent foundations that have been laid for the future success of this Family photography business.
LOCATION
The business is operated from home and is relocatable. Most of the weddings are photographed in the Kent area while bookings are also taken for outer London, Surrey, Sussex, Essex and Hertfordshire.
There is a significant amount of equipment included in the sale:
Facebook and Instagram accounts along with other platforms will of course be transferred to the new buyer upon completion.
FINANCIAL DETAILS
The business has weddings booked for 2022/2023 which currently stands at circa £20,000 worth of revenue with more being added plus other revenue streams which are not booked so far in advance. This provides a new owner with a steady future income stream.
Since the end of Lockdown and Wedding Fairs were reinstated, the workload has progressively increased. Most of the marketing is done through a well-established website, being well-known to Kent Wedding Venues, referrals and recommendations from previous clients and social media platforms. The business also has a long standingyell.comand Google marketing presence.
REASON FOR SALE
After many years of running a very enjoyable and successful business, the vendors have decided the time is right to plan their retirement.
SUMMARY
The Owners have valuable experience, specialised skills and advice which they would be happy to pass on to anyone who wishes to run their own Family photographic business.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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