Photography Franchise Opportunities
Portrait photography studios’ revenues in the U.S. are projected to be about $4.569 billion by 2020.
By 2020, revenues of commercial photography in the U.S. are projected to reach about $1.396 billion.
15.1% of Americans making $125,000 or more a year, spent 12 days or less on photography as a hobby.
Small photography studios make up 90% of the industry, but generate only about 39.5% of the revenue.
Types of Photography Businesses
There are several niches or specialized areas you can consider if you are thinking of opening a photography franchise. Wedding photography is an option, as is a studio that focuses on children’s portraiture. Other areas you can concentrate on are school pictures, business photography or taking photos of sports teams. Photography franchises are an opportunity to help your customers capture and preserve a moment in time for the future.
Why Consider a Photography Franchise
Have you always enjoyed taking photos of special events? Maybe you are simply interested in a business that allows you more flexibility with your work schedule? Whatever your reasons for exploring photography franchises, it can be a fun and rewarding way to further your goal of owning your own business and creating a profitable future for you and your family. The added bonus with a photography franchise is you know you are assisting your customers by capturing cherished moments.
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