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:
Remote, Wireless and Specialty Film Rentals & Sales - Owner RET
This sales, rental and service business consists of highly specialized, hi-tech film equipment, valued at over $2.5 million and is selling 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, the 2023 SAG-AFTRA/WGA strikes, and the destructive 2025 Los Angeles wildfires formed a devastating "triple whammy" that permanently broke Hollywood's traditional economic model. Together, these distinct crises accelerated a massive, historic exodus of physical production away from Southern California and the film industry.
The Founder now wishes to retire, and feels the Company’s Remote, Wireless and Specialty Equipment for shooting and filming will make a useful addition to any Buyer involved in commercial videography, filming or shooting sporting events, live performances, 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