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- RE: Production Equipment Rentals – Well-Established!
- Contact: Ryan Clark
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $539,830 | |
Net Profit: | $3,645 | |
Cash Flow: | $3,645 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 6 | |
BBN Listing #: | 994123 | |
Broker Reference #: | PRODRENT2 |
Business Overview:
This production equipment rental company is a one-stop shop that can satisfy all of the equipment and expendable needs of its film, television and commercial production company clients. This well-established business is an industry leader with a stellar reputation and an extensive amount of market-leading inventory. It is estimated that the fair market value of its inventory exceeds $1M. >>
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Property Features and Assets:
The business operates out of a 1.2k square foot office located in a converted residence. The business has an additional 2.2k and 2.5k warehouse on a 1.38 acres parcel. The lot is secure and has been meticulously crafted to suite this company’s exact needs. The sale includes significant inventory, with an estimated value over $1M in hard assets, including heavy duty delivery trucks, forklifts, and over 70 reusable dumpsters. All of the business and property’s furniture, fixtures and equipment will be included in the sale.
Market Competition and Expansion:
As Los Angeles is at the epicenter of the entertainment industry, companies that cater to the production industry are plentiful. In the production rental segment of the business however, there are a few giant competitor followed by a few well-established industry incumbents that are many managers preferred providers. This is due to the fact that the smaller competitors tend to provide a customized offering at competitive prices – making them the suppliers of choice for industry veterans and the newcomers who benefit the most from personalized service, flexibility, and ingenuity.
New management may take this opportunity in any number of directions. The company has a well-established name, stellar reputation, and a tremendous amount of rental inventory. The operation can be combined with a similar company or be added to one with a complementary service or product offering. Given the customized facility’s size and location, it can serve as a fantastic outlet for a larger entity with an even broader offering that may include other rentals such as cameras, trailers and more.
Reason for Selling:
Retirement. Kindly ask the seller for more information.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
Documents:
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