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Dallas, Dallas County, Texas
Audio, Video & Lighting Production Company – Well Established Market Leader!
Asking Price
$7,990,000
Revenue
$4,107,099
Down
$7,990,000
Cash Flow
$1,218,066
Description
The company, which is widely recognized as a regional leader, has delivered quality products best in class sound engineers and system technicians to each of their jobs for nearly 40 years. They face competition from national providers as well as performer’s in-house staff, though touring acts tend to also become customers for equipment rentals or other services. On the new installation side of the equation they face competition from less qualified tech industry or electricians when it comes to wiring venues, however, they try not to engage in commoditized or lower margin work.
Several growth opportunities exist. These include serving a broader range of clients, expanding their geographic footprint, becoming more involved in the overall event production and management industry, providing services for experiential marketing world by continuing to adopt emerging technologies to deliver even greater value to their clients. As organizations continue to invest in high-quality event experiences and hybrid event formats, the company is well positioned to benefit from industry growth and ever evolving customer needs.
Business Details
Year Established:
1991
Employees:
17
FE&E:
7000000
Reason for sale:
Retirement
Support & Training:
As negotiated
Property Information
Size in Square Feet:
10,000 sqft
Premises Details:
They lease their own 10k square foot location to themselves, and will provide a long-term lease agreement at $15k per month, or sell the property in the transaction. All of the company’s furniture, fixtures, equipment, and goodwill will be included in the sale. Its roughly $7M in equipment includes 4 box vans, the latest and greatest in audio, video and lighting hardware, and the tried and true gear that continues to get the jobs done.
Lease & Tenant Information
Lease Options:
$10,000
Posting Information
Posting ID:
8834528
Business Category:
Media & Publishing
Business Types:
Production Service
Equipment Rental
Attributes:
For Sale By Owner
Training And Support
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Posting Title
Audio, Video & Lighting Production Company – Well Established Market Leader!
Posting ID
#8834528
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Phone (Required)
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Agent, Broker or Seller Contact
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