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- RE: Manufacturer And Rental Service Of A/V Equipment
- Contact: Dennis Hansmann
Quick Facts
Asking Price: | $1,700,000 | |
Annual Revenue: | $1,375,744 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $350,246 | |
Total Debt: | Not Disclosed | |
FF&E: | $294,555 | |
Real Estate: | Not Disclosed | |
Year Established: | 1959 | |
Employees: | 8 | |
BBN Listing #: | 936344 | |
Broker Reference #: | 2M231 |
Business Overview:
This company has several hundred thousand dollars worth of continually rented and already manufactured revenue-generating rental stock that is essentially capital equipment inventory, plus another almost three hundred thousand dollars in furniture, fixtures, and equipment, all included in this sale. This is a global leader specializing in high-quality manufacturing, rental services, and maintenance of relatively easily manufactured audio/visual-related equipment. With a reputation for customization, superior quality, and innovative technology integration, this company offers a competitive edge in the audiovisual industry. The company’s comprehensive solutions, loyal customer base, and exceptional customer support make it an attractive investment opportunity for those looking to enter/expand their presence in the A/V presentation and production market. Strong presence in the dynamic and growing audiovisual (A/V) production industry. Manufacturing and rental services of equipment.Serving a diverse customer base, including event planners, production companies, businesses, educational institutions, hotels, and entertainment venues. Increasing demand for high-quality immersive experiences. Customized and high-performance equipment tailored to customer requirements. Flexible rental services for temporary or short-term usage. Stable, reliable, and vast industry expertise. Positioned for steady growth. Starting in the late 1950’s, by providing solutions, this company evolved into an industry leader with deep industry knowledge.
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Property Features and Assets:
- This business occupies approximately 20,480 square feet of space and shares another 950 square feet of this single story building.
Market Competition and Expansion:
Competition can differ depending on regional market dynamics, specific products, and target industries. Only a couple of primary competitors exist of this caliber.
As businesses and organizations adapt to the changing landscape, a significant trend can be observed: New clients are increasingly turning to this company for their equipment replacement needs even when keeping existing equipment, they often need certain components replaced.
Reason for Selling:
To focus on a different company
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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