New
Remotely run wedding photography and videography business for sale in New Orleans, Louisiana
Duran Advisors presents this premier wedding photography and videography business for sale in New Orleans, Louisiana. Located in a vibrant metropolitan area, this established company has been successfully operating for years, specializing in capturing memorable moments for couples on their big day. This business has gained an exceptional reputation for its high-quality service, innovative photo/video packages, and client-centric approach. It is a trusted name in the wedding industry with a loyal client base. The business has earned numerous accolades and positive client testimonials, positioning it as a market leader in its niche. It offers room for expansion through additional service offerings, destination weddings, and increased digital marketing.
This business represents an ideal acquisition opportunity for an entrepreneur passionate about wedding photography who wants to enter an established and thriving operation. It would also be a good fit for a more prominent firm or wedding service provider aiming to diversify its offerings and leverage an existing client base. Investors interested in a turn-key business in a growing industry may also be an excellent strategic fit.
The owner manages key aspects of the business, including high-profile client interactions and creative direction. However, the company is run remotely since the owner lives out of town. A new owner could run the business from any location. The decision to sell stems from a desire to focus on other personal projects and goals. The owner is open to staying involved during a transitional period to ensure a smooth handover of client relationships and operations.
The business boasts consistent revenue growth driven by repeat customers and word-of-mouth referrals. The high-profit margins are supported by streamlined operational processes and low fixed costs. Financial records are available for review in a 40+ page Confidential Information Memorandum (CIM).
The business is a good candidate for SBA financing. Qualified buyers could secure the business with as little as a 10% down payment. All intellectual property—including a comprehensive marketing strategy and customer database—are included in the sale.
Structured Sale™ Timeline:
- 12/13 Question Submission Deadline
- 12/20 LOI Submission Deadline
- 1/31 Due Diligence End & Close (time may be extended for financing)
This is a rare opportunity to own a profitable and respected wedding business with a proven track record. Act now to secure this fantastic turn-key acquisition!
For further details, including financials, and to arrange a site visit, please contact Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB, directly at (504) 321-0196.
Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0099
Reason selling:
Capital for another business
Finance
Sales:
$400,000
Profits:
$150,000
Profit type:
Discretionary Earnings
Operations
Employees:
All employees are contract labor.
Inventory:
None
Furniture fixtures and equipment:
None
Premises
Location:
The seller is working remotely from their home in another state. A new owner can work the business from any location.
Opportunities
Growth:
The photography industry is poised for growth as economic recovery and increasing disposable incomes drive demand for professional services through 2029. Despite challenges from smartphone advancements and generative AI, consumers continue to seek professional photographers for special occasions like weddings, where quality and expertise are paramount. The industry’s adaptability, including leveraging new technologies for enhanced editing and creative solutions, presents significant opportunities for businesses like this to thrive. By embracing innovation and emphasizing the unique value of professional photography, the industry is expected to grow at a CAGR of 1.2%, reaching $14.5 billion by 2029, signaling a bright future for providers who align with evolving consumer needs.
Market:
The photography industry, encompassing portrait, commercial, and still photography services, faces challenges but remains a resilient and essential market, particularly in capturing significant life moments like weddings. While economic pressures and the rise of smartphone camera technology have dampened growth, professional photography retains its value for occasions demanding high-quality, curated results. Wedding photography continues to be a cornerstone, as couples prioritize preserving memories with artistic and professional expertise that smartphones cannot replicate. With expected economic recovery and increasing disposable incomes through 2029, the industry has opportunities for growth, especially by integrating advanced technologies and adapting to shifting consumer preferences. This positions businesses like this to succeed by offering innovative, client-focused photography solutions that meet evolving demands.
Price and terms
Financing:
The business should be a good candidate for bank financing. A qualified buyer should be able to finance the business with as little as 10% down.
Training:
The seller will fully train a new owner to operate the business. The standard training period is two weeks at 40 hours a week, with the previous owner available as necessary by phone for a year. Additional training is available at the market pay rate.