Filming Studio / Event Venue Rental Business

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$90,000 $150,000

Services: Communication, Media, Technology


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RE: Filming Studio / Event Venue Rental Business Broker: Sherry M. Wang

Quick Facts

Asking Price: $90,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: $64,440
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 512852376
Broker Reference #: 86471-838445

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Business Overview:

This 3,000 square-feet filming studio is located on the boarder of Queens and Brooklyn, only 4 miles from Manhattan, very convenient location. As a fully functional production facility, it equipped with a 30’ x 20’ Green Screen, a 40’ x 20’ White Cyc wall, 14 ft high ceilings, a make-up room with 3 make up stations, loading dock for production trucks, space lights, equipment and production design. This powerful studio works perfectly for car commercials, music video filming, drama filming, etc. The space also can be rented out as an event venue, which brings extra revenue when the studio is not booked for filming. Equipment rental is another stream of income. Online booking platforms like Peerspace.com gives them a lot of bookings. They also get referrals from ad agencies and production companies. Because they offer great services to meet clients’ needs, over 90% of their customers became repeating customers and booked multiple times.
The business is easy to manage and has great potential to grow. Owner will offer training and support.

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Market Competition and Expansion:

The location is perfect and the rent is very reasonable. If you rent the studio out for 3 days per month, it pays all the rent; for 5 days, you already make money. The new owner could do more online marketing and networking to get more bookings.

Reason for Selling:

Other business interests.

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.

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