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For Sale: Production Studio Equipment Rental Service - Los Angeles


Current Status: Active     Posting #: 210587     Last Refreshed: 10/16/19    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $2,200,000     Down:  $2,200,000     Adjusted Net:  $468,953     Revenue:  $1,008,384    
Business Address:  None Given     City:  Los Angeles     Zip:  None Given    
Attributes:  Lifestyle, Training & Support, Asset Sale     Cooperation With Brokers?  Call

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  Description About This Posting: Production Studio Equipment Rental Service
This entertainment industry equipment rental company is a one stop shop that can satisfy all of the equipment and expendable needs of film, television and commercial production company clients. This well established business is an industry leader with a stellar reputation. On top of its asset intensive inventory base of rental equipment, the firm boasts clean books and records and has the property included in the sale making it an ideal loan candidate, while still under the SBA threshold!

The business operates out of a 3,290 square foot structure that resided on a 6,700 square foot (0.157 Acre) corner lot with multiple entrances for loading, a commercial loading zone, and a large parking lot. The structure included an office, break area and rest room with a shower, and plenty of efficiently utilized warehouse space. The sale also includes over a $1 million in hard assets and inventory, including 3 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.

As the studio rental business in Los Angeles is a highly sought after one, there are a few industry giants in the segment. Smaller competitors, however, provide a more personalized service at competitive prices and are typically the suppliers of choice for both industry veterans and newcomers who appreciate their customer service, flexibility, ingenuity and personal touch.

This firm has tremendous growth potential as the owner has had an eye on retirement for some time. While remaining at the top of their game for those products and services they provide, they have not invested in even more lucrative rental segments that could require large capital expenditures. Specifically, the business has unmet client demand for highly sought after large air conditioning units. It is estimated that each new $12,000 air conditioning unit could drive $100,000 in annual profit.

To get more information about this Production Studio Equipment Rental Service business for sale in Los Angeles please phone Ryan Clark (Broker) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #210587 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Production Studio Equipment Rental Service, to ask any questions or request an appointment to see this business for sale. Thank you.

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