Business For Sale

LA Luxury Audio Visual Business with Property

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,850,000 $502,000

Services: Communication, Media, Technology


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RE: LA Luxury Audio Visual Business with Property Broker: Ryan Clark

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $502,000
Net Profit: Not Disclosed
Cash Flow: $270,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 7574929
Broker Reference #: PleasPic

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Business Overview:

This well established Los Angeles area luxury Audio Visual business sale comes with a state of the art working showroom, in an ideally located property on a major high traffic throughway that is included in the sale! This company boasts a storied 10 year history with remarkable public relations and advertisements, as well as years of accolades that speak to the company’s achievements and lauded client list.

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Property Features and Assets:

This 3,085 square foot business includes a 400 square foot product demonstration area and showroom that would coast approximately $150,000 to replicate, an oversized reception area with a waiting room, a common area that is used as an open work room and conference room, 3-4 private professional offices, an oversized break room and a warehouse, storage and workshop area with 2 additional private offices or storage rooms. All of the business’s furniture, fixtures, equipment, historical goodwill including coveted top of the line vendor, premier extraordinarily high net worth client and first class subcontractor relationships will be included in the sale. Approximately $75,000 in inventory will be sold at cost at close.

Market Competition and Expansion:

Given the level that this firm competes at, competition is limited and truly only on a national level. Local firms exist that cater to clients who seek lower echelon Audio Visual solutions, however they are not considered to be direct competitors. A new owner-operator will likely wish to re invigorate the firm’s traditional marketing campaigns and actively engage in advertising, sales calls and job bids as the current management has not aggressively pursued such new business in some time. Rather, the firm has remained busy primarily via referrals and passive marketing.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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