Significant Seller Financing Available – 100% DropShip – US-Based Seller of Photo Booths

Asking Price:
$180,000
Sales:
$2,382,621
Profit:
$229,048
Year Established:
2021
Multiplier:
.79x

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A SellerForce offering, this eCommerce company provides a picture-perfect opportunity for a buyer looking for a successful business operating in a rising niche industry. This company has built up a solid reputation in the photobooth vertical, marketing their own uniquely made and proprietary booths to entrepreneurs eager to start their own photobooth business.

Owners are motivated to move quickly with the right buyer and willing to structure this deal for a fast closing including a significant level of Seller Financing. All offers will be thoughtfully reviewed and responded to in an effort to ensure the transaction can move through the process in a timely manner.

This company has built up a solid reputation among their customers. With 20 products that sell at an Average Order Value of $4,113, their 20 fully trademarked SKUs are conveniently shipped by their supplier, and as a U.S. based company, their products are noted for being of a much higher quality than what competitors offer.

With their products conveniently drop shipped by the manufacturer, they now feature an impressive range of 360 and portable photobooths to pick from.

Initially their sales were conducted entirely on the company’s Shopify website, but they have expanded onto Amazon, where sales are now generating 15% of their revenue, and that percentage is getting higher each month.

The company is operating in a lucrative niche vertical. The photobooth industry is thriving because they have become enormously popular at a wide range of social gatherings, from birthday parties to weddings, anniversary celebrations, graduation ceremonies, and office parties. Photobooths have become the hit of the occasion, since guests love the ability to instantly take photos of themselves and their friends and quickly send them out onto their social media accounts.

Understanding how appealing these booths are in the age of selfies, a growing number of businesses now own and rent out photobooths to social events, while some customers are even going a step further and buying one to enjoy at home. Photobooths are replacing the old standby of hiring a professional photographer, which is why companies are quick to own a photobooth and rent it out at more attractive prices.

This is not limited to the United States. The global photobooth market was valued at $422 million in 2021, and projected to grow by 11.60% through 2028 when predictions are it will be worth $909.83 million. There’s no question that consumers and entrepreneurs alike are keeping an eye on this field.

By creating their own photobooths that are uniquely designed and made under the highest standards, this company has been able to meet the rising demand for these products and beat out competitors who rely on overseas manufacturers making similar products of lesser quality.

Maintaining a strong relationship with their US-based supplier has given this company the ability to excel at great customer service and fast shipping, while also delivering the highest quality products possible. This company is also the only one that sells D2C online, which reduces their competition even more.

Their largest customer base has been entrepreneurs looking to start their own photobooth rental company. This company has become a major supplier to those entrepreneurs, who are also attracted by their specialized deluxe packages that provide everything they need to launch their own business.

Those customers are very pleased with what they’re getting, since this brand has received hundreds of glowing 5-star reviews on their website. Their photobooths draw high praise for not just quality but also convenient portability.

To build up such a strong and thriving business, the company has relied on a smart marketing campaign that includes PPC advertising on sites such as Google, Facebook, and Instagram.

Additional tactics include an SEO program that uses keywords to boost their search engine rankings, and video ads to explain and showcase their products.

Their social media marketing includes 2,300+ Instagram followers, and 21,300+ email subscribers which is helping to bring 35,000 unique monthly visitors to their site. They also have 7,670 SMS subscribers to target through their newsletters.

The company could scale quickly, including by creating new models, prototypes, and variants, such as inflatable enclosures, printers, and DSLR cameras. That gives them a great opportunity to upsell and cross-sell to existing customers. Another strong scale option would be enhancing their various product packages, and by bundling several of them together, making it more affordable for customers to buy in bulk.

The company could also start offering their own video editing software, since their customers now look to other brands for this serviceThis is a business certain to continue to blossom with plenty of growth opportunities. Ownership is motivated to move quickly with the right buyer. To this end, there is a willingness to structure this deal for a fast closing, which would include up to 50% Seller Financing.

If you’re interested in developing this acquisition, then contact SellerForce today for more details.

Listing ID: SF112

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