Singapore  Singapore

Sell a Business

Listing ID: 4226 Last Refreshed: 07/05/2019 Total Views: 6713

Event Photography Agency For Sale

Serangoon

Asking Price: S$900,000
  • Premise Type N/A Premise Size 649sqft
  • Monthly Rental S$1,500 Rental Desposit S$1,500
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$100,000*** Established 2016
  • Owner Role Full Time Staff 22
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Ewan Sou
Email Owner

Reason For Sale

No time to run as starting full time job soon

Description

Summary

Instantly.sg is a one stop event photography agency that helps event organizers market their brand and delight their guests through customised event photography solutions. We are established in year 2015 (incorporated in year 2016) and have since served many reputable clients like Apple, Dior, SIA and TigerAir. Our main core service is our Photo Booth service. However, in recent years, we have diversified and introduced many more innovative services. Namely, Dubsmash booth (first and only company in Singapore to do it), Smart Rovers Instant Print, 180 Time Stop Booth etc. Most of these services are built and developed in house from scratch. As such, customisation can be easily done.


Revenue Growth

- Year 2015: $215K

- Year 2016: $302K (growth of 40%)

- Year 2017: projected to be at least $317K


Number of events

- Year 2015: 270

- Year 2016: 319 (growth of 55%)


Clients

- 70% corporate clients

- 30% weddings / kids parties


Marketing Chanels

- Strong SEO

- Rank first page for a large number of keywords on Google

- Contribute about 70% of sales

- Word of mouth / Referral

- Contribute about 10% of sales

- Partnership

- With event companies

- Contribute about 20% of sales 


Equipment / Inventories

- At any one time, we are able to run 5 services at the same time

- Because of the flexibility of our system, we can easily scale up if need be by renting equipment


Other valuable connections

- Backdrop manufacturer contacts

- Props manfucturer contacts

- Photographer contacts

- Videographer contacts

- Good part timers contacts

- Delivery driver contacts


Operations

- Documented training guides on how to set up each service

- Work flow on managing each event


Manpower

- 1 x Account Manager

- 1 x Designer

- 1 x Operations Executive


Who should buy this business

- Event companies who are looking at increasing their product/service range to boost revenue/profit

- Those who wants to have a good side line income. Most events are during weekends.

Business Operation

10am to 7pm
Business Hour
5 x cameras (1 x 70D and 4 x 700D) 5 x photo printer (2 x Double Deck Printer, 3 x Single Deck Printer)
Facilities
Owner will provide one year of full support/training
Supporting and Training
Photography, IT
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
16 Shaw Road, #04-03, Singapore 367954 Fully air conditioned Near to Tai Seng MRT (5-10 min walk)
Premises Details
Email Owner
Your Name*
Mobile Number*
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