3-in-1! TURNKEY Real Estate Media Biz + Editing Company + SaaS

, California 8 views 0 favorites

Financial Highlights
Asking Price
$799,999
Revenue
$500,000
Business Description

Hello, and thank you for taking the time to read through our listing! We are a prominent real estate photography company serving the Greater Los Angeles Area. In this description, we'll break down how we made $150,000 in profit for 2021, and how you could take this business and scale it across Los Angeles and the rest of California. For those unfamiliar with Real Estate Photography business - it is a simple yet profitable service-based business model that require little to no overhead. In fact, 5 years ago, our company began with just that - only a camera and a dream. Since then, we've grown to one of the largest real estate media companies in the marketplace, providing marketing photos of homes to Realtors, Developers, and Homeowners across the greater Los Angeles area. We have an expansive group of clients, ranging from multi-family developers, single family residential agents, and some of the most prominent luxury agents in the city. We recently photographed the Walt Disney estate in Malibu, which will be listed for $65,00,000. The diversified clientele keeps revenue consistent and growing as the business owner receives new clients every week. HOW IT WORKS - Clients that are in need of real estate photography (typically when they are bringing a listing to the market) have quick access to our order form, where they schedule an online order. Our admins then coordinate with our photographers to accommodate the client, and an appointment is quickly confirmed. The photographer is provided all of the details of the order, and upon the scheduled date and time of the appointment, performs all of the services ordered. Once complete, the photographer passes the materials off to our editors, who provide the finished product within 12 hours. After a quick quality check from our admins, the order is sent to the client and completed. Once payment is collected, we then allow clients to download the content for their use. In some case, payment is made up-front as a client books the appointment. OPPORTUNITY FOR GROWTH - The business has been growing organically from word of mouth, publications in popular magazines and publications, and long-term branding efforts. With implementation of email marketing, texting campaigns, meetings with brokerages, and referral programs for existing customers, there is an opportunity to double and even triple the business in a few years. As part of the deal, you will receive 5 months of strategic growth consulting to put these strategies into action. You will work directly with a real estate photography professional, who has worked on the growth-hacking and acquisition of multiple real estate media companies in California. Sale of the business also includes a fully automated real estate photo editing business that is used by other photographers and Realtors across the country for their own photo editing. We have our own editors and workflow systems set up so no attention to it is required - simply enjoy an ADDITIONAL $20,000 in profit per year. Want to scale it? We'll consult you on how to bring in more clients so you can double or triple this passive income stream. Sale of the business also comes with an in-house paywall software that can be advertised and sold to other media creators around the world. Inquire for details. HIGHLIGHTS * 90% Automated Business - Opportunity to automate further * Includes FULLY AUTOMATED real estate photo editing business, producing additional $20,000/year in profit * 11 full-time staff handling photo-shoots, editing, product delivery, client management, and sales. * 5 Months of On-boarding training and support from Owner and Admins * No real estate (All remote work) * Business sale includes 3 vehicles, which photographers use to drive to photo-shoots & $15,000 worth of camera equipment * In-house Paywall Software included For inquiries, please email michaelventuresmanager@gmail.com or call 424-466-4700. We look forward to the possibility of working together. Location: Los Angeles, California Year Established: 2016 Number of Employees: 11 Home Based: Yes Facilities: 3 vehicles worth approx. $15,000. Camera equipment including camera bodies, lenses, drones, batteries, chargers, computers, etc worth approx $15,000. Market Outlook/ Competition: Demand for our services is always consistent. Real estate photography it is a vital part of the real estate industry and necessary in order for properties to be listed and sold. While there are many small photographers that dabble in the industry, there are only several established real estate photography companies that dominate the marketplace, including us. Since our photographers are on salary and have subsidized transportation, they can travel anywhere within a 100-mile radius, allowing us to do expand the business further than our competition. Growth & Expansion: Pros of expansion: Increased profits, ability to higher management that completely replaces the owner and allows for absentee ownership, opportunity to resale the business for a higher multiple after a few years. Cons of expansion: Sales is going to be needed for expansion. If you aren't afraid to tackle on sales and implementing systems of marketing and outreach, you can take this business far!

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 3 days ago

Views: 8

Favorites: 0