BizEx180-SG: Audio & Video Duplication Services Business in SF Valley
Background:
General Location:
Studio City, ca
Category:
Entertainment > Entertainment/Film Production Industries Internet > Business Services (B2B)
Years in Business:
26
Under Present Owner:
26
Hours of Operation:
M-Th 9:30-5:30, Fri 9:30-3:00
Owner Hours:
same
Training:
4 wks, 20 hrs/wk
Organization Type:
Partnership
Lease Expiration:
March 31, 2011
Lease Options:
TBD w/landlord - cooperative
Building Size:
1,450 sqft
Employees:
1 FT; 0 PT
Reason for Sale:
Retiring - moving out of state
Financials
Asking Price:
$79,000
Down Payment:
Negotiable
Gross Sales:
$84,444
Discretionary Cash Flow:
$65,000
FF&E:
$ 35,000*
Inventory Included?
Yes
Inventory:
$ 5,000*
Minimum Operating Capital:
$ 10,000*
Real Estate Available?
No
Real Estate Asking Price:
$ 0
Rent:
$ 1,200/month
Payroll:
$ 4,500/month - owners
Financing:
Call
Gross Sales
Gross Profit
Disc. Earnings
* YTD as of , ** = Prorated.
Broker Info
Stuart Gross
Business Broker
(310) 882-2200 ext 118
LIC# 01860825
Summary
Audio and video duplication business for Sale
The owner saw a need in the music and entertainment industry for high quality cassette duplication at an affordable price. 25 years ago the owner established the business to service the duplication needs of major record labels. In 2003 the business added a state of the art DVD-R room. The DVD business was a successful addition to the services menu. The music and video business have both had an explosion of independent artists who are promoting themselves outside of the major record labels and movie and TV studios creating a need for independent, inexpensive small run duplication. That is the heart of this businesses opportunity. The present owner had not been proactive in expanding services to better compete as he had in the past.
The company currently does a modest amount of video duplication business but the business has not focused on the new services that would make the business expand. The operation has the space and the core capabilities to expand its services menu and its revenue with the addition of DVD authoring and audio and video editing.
The seller is 58 years old and wants to retire.
The ideal owner is someone who can promote the company's services to the music and entertainment industry. A technical aptitude and recording experience is desirable but the current owner can train.
For more information interested parties should register as a buyer online at www.BizEx.net and call Stuart Gross at 310-882-2200 ext 118 for more details on this exciting opportunity.
Stuart Gross at:
Sgross@bizex.net
310 882 2200 ext 118
DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its
accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting
interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
