NOT DISCLOSED, California
| Asking Price |
$1,600,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Eric |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012276 |
|
| # of Employees |
|
Business Category |
Services: Rentals - Party, Equipment |
|
Business Overview:
This sales, rental and service business is selling off its highly specialized, hi-tech film equipment, valued at over $2.5 million for $1.6 million. The equipment includes various types of Remote Heads, and the proprietary mechanical design and software that has gone into creating, servicing and maintaining it.The Company has traditionally monetized the equipment via sales, rentals and service to its broad group of customers. However, the COVID-19 pandemic in 2020, the2023 SAG-AFTRA/WGA strikes, and the destructive 2025 Los Angeles wildfires formeda devastating "triple whammy" that permanently broke Hollywood's traditionaleconomic model. Together, these distinct crises accelerated a massive, historicexodus of physical production away from Southern California and the film industry.The Founder now wishes to retire, and feels the Company’s Remote, Wireless andSpecialty Equipment for shooting and filming will make a useful addition to any Buyerinvolved in commercial videography, filming or shooting sporting events, liveperformances, or independent creations.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity