I like the blue a ton. I was going to suggest going different colors (which is odd, because grey is my favorite color), the grey just didn't pop out as much from the black text. I like where you've gotten to with it!
I could almost see that 'e' peeking out from behind the curtain of a photo booth for the logo on that side of things, although that wouldn't work as well if you're keeping the name from the inherited business.
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