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Film Video Trade Shows Set Construction Business For Sale

Los Angeles, California - South
Asking Price:
$990,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,662,795 (USD)
Cash Flow:
$276,506 (USD)

This exciting creative and fast paced business builds sets and key props for the photographic, film, video and trade show industries. The business has been growing continuously. Revenues grew by 50% in 2012 and the first 2 quarters of 2013 exceeded $1 million. The projection is for another significant revenue increase in 2013. Their clients include photographers, art directors, set designers, directors, production companies or trade show producers. They construct, deliver, install and store the sets used for photo/video "shoots" and shows. They have a lot of repeat clients. Nearly half of the 70 clients per year are repeat business. They have a small staff and use freelance skilled set construction people on a project by project basis. The business is consistently profitable and growing. The owner does not do a lot of marketing and relies mostly on word of mouth and a small presence in trade resource books so there are many opportunities and ways to expand the business and plenty of room for growth. The owner is moving into related fields of design and photography and will probably become a client of the business. The shop is located in Downtown LA which is central but the particular local is not a critical issue for the continued operation of the business. The business has the physical plant to allow it to grow to several times its size without a significant change on overhead. The ideal owner should have some creative and construction experience. The seller is motivated but will work for the new owner for 6 months or more to insure a smooth transition. Includes all of the tools and equipment necessary.

Property information

Real Estate:

Lease

Leasehold Rent:

10,000/mo per annum

Size in square feet:
20,000 sq ft

Business Operation

Reasons for selling:

Moving to a related field

Trading hours:

8-4:30PM Monday - Friday

Employees:
3 FT 23PT Freelance
Years established:
7

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Call

Furniture / Fixtures value:
$85,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

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