For Sale:
Online Photo Gallery for Photographer Members Website
Asking Price: $250,000
Description
As photography gets easier with digital cameras, there are more and more wedding/event photographers every year and consequently more photographers are trying to find an easier way to sell their photos online. This website provides such event photographers with an easy way to sell their photos online. The website offers a complete solution that allows them to upload, sort, price, and create gallery storefronts for each wedding/event they shoot. The event/wedding guests can then view the gallery and order photos. Once event guests place an order, a fulfillment lab automatically prints the pictures on professional quality photo paper and sends them out directly to the customer in the name of the photographer. Photographers can sign up for an account and use the site’s services at no cost. In order to generate revenue, the website receives 10% commissions on all photos ordered through the website. This website business is run from a home based office, is easily relocateable and can be operated from any location with internet access. The owner only spends a few hours per week and, sometimes none at all, operating the website. The site’s process makes it super easy and profitable for the photographer and requires minimal owner involvement thereby providing a great source of passive income for the website owner! With its foundation of being well established, large traffic, low overhead, steady growth in a growing industry with lots of potential ahead, this is an exceptional opportunity for a buyer to acquire!
Financial Overview
| Gross Revenue | $294,042 |
|---|---|
| Cash Flow | $101,050 |
| Archive Date | 08-27-2012 |
| Status | Archived |
| Year Established | 2004 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Photography |
| Location | USA, Illinois (Lake) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
The site is highly established with an 8 year history and is known in its industry. The website has grown over the years through only referrals and word of mouth. With new marketing efforts, the site has the potential to be hugely profitable. Some ideas for future growth include: assisting photographers to sell more by adding new products/services & updating gallery storefronts as well as focusing on SEO to increase the site’s exposure.
Competition
This website offers complete fulfillment and is among only a few that provide this level service in the industry. Its competitive edge comes from getting the lowest cost and offering the best pricing model to its customers.