Lighting & Grip Rentals-Film Production SoCal
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This listing is: Off Market
Background
| BizEx ID: | BizEx1486-TP |
|---|---|
| General Location: | Southern California, CA |
| Category: |
Electronic & Electrical Equipment Entertainment/Film Production Industries |
| Years in Business: | 17 |
| Under Present Owner: | 17 |
| Hours of Operation: | Monday - Friday 7 am - 5 pm Closed Saturday |
| Owner Hours: | Monday - Friday 8 am - 5 pm |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 12 months from Close of Escrow |
| Lease Options: | TBD |
| Building Size: | 3469 |
| Employees: | 3 |
| Reason for Sale: | Focus on other interests |
Financials
| Asking Price: | $2,250,000 |
|---|---|
| Down Payment: | $2,250,000 |
| Gross Sales: | $1,208,923 |
| Discretionary Cash Flow: | $469,648 |
| FF&E: | $1,550,000 |
| Inventory Included? | Yes |
| Inventory: | Included with FF&E Amount |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $8,500 |
| Payroll: | $17,800 |
| Financing: | Call |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Gross Sales | $ 1,573,277 | $ 1,456,361 | $ 1,208,923 |
| Gross Profit | $ 1,220,150 | $ 1,130,364 | $ 1,034,047 |
| Disc. Earnings | $ 565,961 | $ 498,200 | $ 469,648 |
