How do I prepare a photo booth business for sale?
List every booth with its age and serial number, move software accounts and templates into the company name, keep a booking calendar and deposit ledger a buyer can read, write down your venue and planner relationships, and train attendants so events do not depend on you.
Buyers of a photo booth business want to see that it runs without you standing beside the machine. Most of the preparation is about turning things that live in your head or on your phone into records someone else can read. Start months before you list. The broader checklist in how to prepare an event rental business for sale covers tents and furniture; this page covers booth hardware, software and attendant-run events.
Equipment you can prove
Make one list of every booth, printer, camera, light, backdrop and prop. Give each its serial number, purchase date, condition and repair record. Keep receipts. Buyers will want to see units set up and working, so test them and fix what is tired before showings. Note anything leased or financed, and ask your lawyer how any lender’s claim on equipment is handled at closing.
Software, templates and accounts
Check that software subscriptions, design templates, cloud galleries, domain names and social accounts are held by the company and not under your personal login. Where a licence cannot be assigned, find that out now and ask the vendor what a new owner would need. Your lawyer can tell you what a licence allows.
Bookings and relationships
Keep a calendar of booked events and a ledger of deposits received and still held for clients. Write down which venues and planners refer work, how long you have worked with them and who the contact is. If you can, introduce a trusted contact to the buyer when the time comes.
Stepping back from the booth
- Train and schedule attendants so events run without you.
- Write a setup and teardown guide with photos.
- Document how you handle complaints and refunds.
- Keep clean financial statements your accountant has reviewed.
Related reading
15 pages on the same subject, grouped by topic.
Selling
- Expert answerHow do I prepare an event rental business for sale?
- Expert answerHow do I prepare an equipment rental business for sale?
- Expert answerHow long does it take to sell a business in Canada?
- Expert answerHow do I prepare a photography business for sale?
- Expert answerHow do I prepare a wedding planning business for sale?
- Expert answerHow do I prepare a bounce house rental business for sale?
- Expert answerHow do I show a buyer my cabinet installation company’s photo portfolio?
Buying
- Expert answerHow do booked events and deposits transfer when I buy a party rental company?
- Expert answerWhich third-party consents do I need to close a business sale?
- Expert answerWhat should I check before buying an event rental business?
- Expert answerWhat should I check before buying a DJ or entertainment company?
Legal
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat is succession planning?
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Canadian Intellectual Property OfficeGovernmentA guide to copyright
- 04Canadian Federation of Independent BusinessResearch dataSuccession Tsunami: Preparing for a decade of small business transitions
- 05Business Development Bank of CanadaGovernmentWhat are financial statements?
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