Been in the photo booth industry for nearly 10 years and generate $400k annually (set to do over half a mil by 2024) in the wedding and events space. I don’t feel like I am the expert by any means in business or entrepreneurship, but I’ve built a couple successful companies on a small scale, and have an MBA, so maybe I can contribute to your success. AMA!
Your margins are good. I have taught entrepreneurship and seen hundreds of financials every year for many decades for real and projected ventures. Margins tend to be lower than 43%.
Restaurants are lucky to get 3-5%, and grocery stores even less. However, if you’re in the service industry, they tend to be higher. Essentially, you’re getting a 43% return, and very few investments can achieve this!