Business for Sale Overview:
Established in 1998, The Brighton Film School, building on the close association the city of Brighton has with films and film making is one of the UK’s leading centers for learning the art of film making. Occupying very well suited leased premises which also includes studio facilities frequently in demand from production companies and which in itself offers students the opportunity to gain very real hands on experience, the school has expanded greatly over recent years and now attracts students from all over the world and of all ages.
This business offers a wide range of courses to meet every aspect of film making. Courses are structured not only to ensure that all the necessary content is covered with ample opportunity for practical applications but also to fit in with the budgets and time students may have to devote to their film making interests. As a result the school appeals to a wide cross section of students from those committed to film making as a career for which the full time One-Year ABFS Diploma Course in Motion Picture Production might appeal through to three-month short courses in Motion Picture Production requiring one full day or two evenings per week, the latter not being held at the moment due to the present owner’s other interests, but could be run by a new owner.
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Property Features and Assets:
This business moved to its current ‘Gothic style’ premises at The Brighton Forum in Ditchling Road, Brighton in 2004 to cope with the sustained growth the business had achieved since opening. Very well suited and including a Lecture Room, a Studio which enjoys high ceilings – ideal for sets, an Edit Suite, a Production Office, Admin office and Kitchen facilities the premises comprise 1620 square feet in all. The Brighton Forum (previously known as The Brighton Business Centre) is a substantial building, so expansion is possible for a new owner as and when other units within fall vacant.
Originally secured on a three year lease in December 2003, the current Rent is £17,496pa with Rates payable (2009/2010) of £4,210pa. Service charges are £5,621pa. The current Owner of the business has an excellent relationship with the Landlord and has every confidence that a new lease can be secured on the existing premises for a new Owner of the business. The relationship with the local council is also excellent and this is shown by receiving an ex-gratia 50% rates discount. If the Brighton Film School Ltd is raised from the status of a Company Limited by Guarantee to a Registered Charity then the rates discount would be increased to 80%.
Market Competition and Expansion:
With an excellent industry wide reputation and high levels of awareness, this business has little need of extensive investment in marketing and advertising. Its links with Greenwich University and major industry-wide organisations such as The National Association for Higher Education in the Moving Image (NAHEMI) are important marketing tools and give students the confidence in the capabilities of the business to deliver results.
The business has an on-going presence in the trade press and a substantial website which is easy to navigate, including an online application form and payment facility. This performs very well in all major search engines for appropriate search topics. By far the most cost effective form of marketing this business enjoys, however, is strong word of mouth recommendation: Testimony to the esteem with which this business is held.
Reason for Selling:
the current Owner feels the time is right to pass
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.