MergerPlace

Video Production & Communication Firm

Michigan


  • Asking Price: $295,000
  • Gross Income: $343,183
  • Cash Flow: $135,000
  • Real Estate: $475,000
  • Inventory: Not Disclosed
  • FF&E: $100,000
  • Listing ID: #219152
  • Established: 1999
  • Employees: 3

Business Description

This high-margin Business is a video, audio, multimedia, and live event production services company that provides its services to over 100 companies across many diverse industries. Founded in 1999, the Company’s capabilities include Studio Production, Video Production, Live Events, 2D and 3D animation, Aerial Images, and Post Production.

The Company entered into the pandemic era with a strong cash position, and got an additional PPP boost, so it is very well positioned despite market uncertainties due to COVID-19.

The Company has successfully operated since its origination, thriving primarily through new business acquired by word-of-mouth from previous satisfied clients. The Business has demonstrated very consistent financial performance in its 20 years in business, most recently generating 40% cash flow margins!

The Company’s 3 full-time employees have been with the Business for many years now and together form a team of the most experienced and talented media production professionals in the West Michigan area.

The Business has performed well over the years, largely due to its multiple revenue streams and excellent reputation. While the current financial performance has been steady, ownership believes there are considerable opportunities for a new owner looking to pursue growth.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

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Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact formation will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Information Services - Broadcasting
Location: Michigan

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $295,000
Gross Revenue: $343,183
Cash Flow: $135,000
FF&E: $100,000
Real Estate: $475,000
Seller Financing Available: Yes

Property Information

Facilities:

Available for sale with the business ($450-$500K): 5,700 square foot building with multiple offices, editing suites, a large production studio including a lighting grid with dedicated 200-amp electrical service, and an audio recording studio.

Growth & expansion opportunities:

(1) Sales & Marketing: A professional sales and marketing program could generate significant growth in this active market. There are opportunities that are not being pursued and potentially work that is not being captured as the Company has never had an aggressive marketing effort. (2) Live Events: Live events such as conferences, dinners, corporate meetings, banquets, and more can be very lucrative for the Business. If management were to pursue more live event opportunities, margins could increase even further. (3) Municipal Contracts: The Business has signed its first municipal contract providing media production and live cablecasting services over multiple years. Municipal reviews have been exceptional and pursuing more municipal contracts may help the Company secure revenue many years into the future.

Competition:

Investment Highlights Include: (1) Impressive Financial Performance: The Company delivers strong revenue, cash flow, and margins each year. This provides valuable financial flexibility for the Company to make the necessary capital expenditures to maintain top-notch equipment. (2) Diverse & Loyal Customer Base: The Company services a broad, diverse and loyal group of clients who are consistently delighted by the outstanding work product. The Company services both clients large and small, including large, very well-known corporations in the medical and municipal markets. (3) Experienced Team: Ownership has decades of experience in media production and has worked with the Company’s employees for many years transferring knowledge. The Company's employees are very passionate about media production and are not only exceptional employees but also exceptional people. (4) Diversified Revenue: The Company has multiple revenue streams and is always looking where to expand next, ensuring strong performance.

Reason for selling:

Retirement

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC