BizEx215-SG: Film and Video Editing and Finishing Facility
Background:
General Location:
los angeles, ca
Category:
Entertainment > Entertainment/Film Production Industries
Years in Business:
10
Under Present Owner:
10
Hours of Operation:
7 days/wk
Owner Hours:
Full Time
Training:
weeks, hours/week
Organization Type:
s corp
Lease Expiration:
N/A
Lease Options:
2x5 years
Building Size:
3800 sqft
Employees:
8 FT; PT
Reason for Sale:
retirement
Financials
Asking Price:
$995,000
Down Payment:
$250,000
Gross Sales:
$1,600,000
Discretionary Cash Flow:
$350,000
FF&E:
N/A
Inventory Included?
No
Inventory:
$ 0
Minimum Operating Capital:
$ 100,000
Real Estate Available?
No
Real Estate Asking Price:
$ 0
Rent:
$ 12,000month
Payroll:
$ 0/month
Financing:
Call
2009
Gross Sales
1,600,000
Gross Profit
978,000
Disc. Earnings
350,000
* YTD as of , ** = Prorated.
Broker Info
Stuart Gross
Business Broker
(310) 882-2200 ext 118
LIC# 01860825
Summary
This is a high end profitable digital and film editing facility. The business is 10 years old.
Their clients are producers of commercials, music videos, independent films and digital media.
They have experienced, award winning editors as well as full service cutting rooms and rental facilities.
All cutting rooms have fully updated hardware and software.
New owner should be experienced in post production.
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.
