Greater LA Area Film & Commercial Production Studio For Sale

Business description

This unique opportunity is unlike any other on the market, or perhaps any other in existence. This enormous film and television commercial studio, lighting and equipment rental house, and much more, boasts enough stages and equipment to simultaneously manage several productions of any size. The studio, which has developed over a decade of goodwill with top name clients, also offers its acquirer an instant foothold in a unique and highly profitable market niche that competing venues cannot offer. The sale includes all of the company’s significant assets including its furniture, fixtures, equipment and vehicle inventory (valued at over $850,000), client base and tremendous goodwill. The business has highly trained and competent staff who manages each aspect of the business while the owner spends his time on several of his own film productions and alternate business ventures. As such, despite its size this may be considered a semi-absentee run operation.

Property information

Real Estate:

Lease

Lease terms:

The facility leases for approximately $30,000 net per month (after sub-let income) on a secure lease. A new tenant, however, should benefit from a new 10 year lease with a similar option if so desired.

Location:

This facility, which the seller has invested an accumulated $7.0 ml plus into developing, boasts more than sufficient office space, a varied selection of studios that range from large to small with varying features, and storage and prep space that is unmatched in the industry.

Business Operation

Expansion potential:

New owners may seek to continue to operate this multi-faceted business as is, focus on any one of the well-established facets of the business, or ideally, combine the current business with existing production capability to make the entire operation significantly more

Competition / Market:

There are only a few studios (typically only the majors) that can compete with this one in terms of size, breadth of offering, capabilities and office and parking facilities. No studio, local or nationwide, can boast this studio’s unique attributes that provide it a long-term sustainable competitive advantage and grant it near West Coast monopoly power for certain types of commercial shoots

Reasons for selling:

Personal

Employees:

42

Years established:

1989

Other information

Support & training:

2 wks at 20 hrs/wk