Owner Financing is Available
Business for Sale Overview:
The Company is the combined group of companies The company produces, manufactures and sells world wide high quality full length Adult Movies in Gonzo Format to over 400 wholesalers, distributors and retailers of Adult Movies. The company owns 280 Masters and has production of 4 movies per month throughout the year. The company has numerous sales contracts and distribution agreements which are currently in force covering the distribution and ability to show and sell their product over the internet. In addition the company has a library in excess of 60,000 still photographs in both hard and soft-core versions. The company has an up and running web site encompassing a super store which is fully enabled to take credit card and bank transaction. The directors currently have chosen to operate this as an advertising medium only. In 2007 the company made arrangement to barter for the production costs of their new releases which has enabled them to reduce the cost of goods sold to 13% of gross sales. The company has 6 full time employees consisting of one international salesperson one person responsible for sales, post production and shipments, one bookkeeper, one financial controller and two warehouse employees. The Company's Logo are recognized worldwide and have a very extensive shelf appeal.
Previous Years Net Profit:
2005 $646,223
2006 777,537
2007 811,508
2008 660,149
2009 595,531
2010 645,000
Contact David Barry 310-279-5133
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Inventory: $2,268,000 (Included in Asking Price).
FF&E: $190,000 (Included in Asking Price).
Seller Financing: Seller will finance $550,000 of purchase price - Down payment required $700,000. Prime location. 6,000 Sq. Ft. – Rent 2,100 per month
5 day operation Monday to Friday 9:00am to 5:30pm.
Market Competition and Expansion:
Management Training and Support: Owner will train buyer for 30 days after close of escrow.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: