For sale: an operating BOFT photo kiosk business – 4 kiosks in Riga’s major shopping centers
What’s included:
• 4 BOFT photo booth kiosks. They are 2 years old, in near-new condition and fully paid off, with no leasing or other obligations.
• Locations in four shopping centres in Riga, Latvia: Akropole, Alfa, Riga Plaza and Saga.
• Lease agreements with all four shopping centres. They can be taken over, and the centres are willing to continue the partnership.
• BOFT franchise rights. The franchise agreement allows transfer to a new owner.
• Fully set-up operations:
• cashless payments via Nayax;
• technical maintenance;
• photo paper supply;
• accounting.
Why this business:
• Income from day one. The locations are proven, with steady foot traffic and several months of sales history.
• Little time needed. Running the business takes under 2 hours per week.
• Low running costs. Repairs and spare parts have been minimal so far.
• Seasonal boost. Turnover rises sharply before the holidays, especially in December.
• Flexible deal structure. You can buy the company (shares of the SIA) or only the assets (kiosks and contracts). The kiosks can be bought all together or as individual locations.
Reason for sale: I’m moving the capital into other projects. The business is healthy and there is no rush to sell.