Profile: Highly Profitable - Robotic Exhibit Items For Museums.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$950,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$772,500 |
| Annual Adjusted Net: |
$185,256 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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What An Opportunity To Own A Fun, Profitable Business With Very Little Competition! In Business Since 1983, This Company Is The Originator Of Museum Quality Robotic Exhibit Items Such As Dinosaurs, Ice Age Mammals, Giant Insects, Animal Displays, Etc. That Are Leased To Public And Private Museums, Zoos, Non-Profit Organizations, City And County Municipalities, Corporations And Other Entities Through-Out The United States And Canada. All Sales Are On A Contract Basis Which Are Typically Signed Months Or A Year In Advanced. The Majority Of Funds Are Collected Prior To Shipment Of The Exhibit Items And The Balance Is Due During The Exhibit Show. The Company Historically Has Had Almost No Bad Debt Or Collection Problems. A Large Percentage Of Customers Are Repeat Customers. Annual Revenue (Approx. $800,000+/-) And Annual Profits (Approx. $200,000+/-) In The Last Several Years Has Been Consistent. Signed Contracts For 2010 Have Already Exceeded $700,000. As The Economy Improves, This Company Should See Increased Revenue From Customers Increasing Their Budget For These Events. There Are Several Growth Opportunities Including Adding Additional Exhibit Items Or Retail Merchandise Items Which Can Be Sold At The Events. After 30 Years Plus In This Industry, The Seller Is Looking To Retire. The Seller Will Provide Training And Consider A Consulting Arrangement. Seller Will Also Consider Financing For A Qualified Buyer With 40-50% Down Subject To Their Credit Report And Financial Statement. The Buyer Need Not Be An Expert In Dinosaurs Or Paleontology. According To The Seller This Business Model Is Straight Forward And The Buyer Should Have Strong Skills In Management, Sales And Marketing.
The Company Currently Owns Over 150 Exhibit Items, Included In The Purchase Price, Which Have A Value In The Millions For Insurance Purposes. The Large Scale Exhibit Items Are Robotic With Life-Like Skin And Movement. The Company Has Engineering And Mechanical Plans Which Are Included In The Price. All Maintenance, Refurbishing And Creation Of Parts And Additional Exhibit Items Are Done In The Company’s Machine Shop At The Company’s Facility. There Is Also A Software Department To Handle All Programming. Currently The Company Is Located In An Upper-End Area With Higher Rents. The Business Can Operate Anywhere In The San Fernando Valley Or Greater LA Area With Warehouse Space And Reduce Rent Expense. Staff Members Include An Office Manager, A Sales Department, Technicians And Maintenance Personal As Well As A Bookkeeper And Secretary. This Company Is Well-Known As The Industry Leader And Go To Company For Quality And Reliability. Great Opportunity To Own An Easy To Operate Business With Consistent Revenue In A Fun And Interesting Industry. Price Includes All Exhibit Items And Seller Financing Is Available For A Qualified Buyer. All Buyers Must Sign A Nda And Submit A Resume And Financial Statement.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Matt Coletta, CBI, Broker at 818-999-9621 |
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