Recording Studio for Music, Audio/Video Production

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This listing is: Off Market

Background

BizEx ID:BizEx431-DM
General Location:Torrance, CA
Category: Other Miscellaneous Services
Entertainment/Film Production Industries
Years in Business:23
Under Present Owner:23
Hours of Operation:varies
Owner Hours:varies
Training:negotiable weeks @ negotiable hours
Organization Type:
Lease Expiration:2012 w/options
Lease Options:
Building Size:1,800
Employees:40
Reason for Sale:Owner needs to focus on his Televsion show.

Financials

Asking Price:$240,000
Down Payment:Negotiable
Gross Sales:$111,000
Discretionary Cash Flow:$65,000
FF&E:$100,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,450
Financing:Call

2011* 2010 2009
Gross Sales $ 92,050 $ 110,962 $ 107,767
Gross Profit $ $ $
Disc. Earnings $ 58,066 $ 65,688 $ 62,455

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations