MergerPlace

Commercial Media - Post Production

Florida


  • Asking Price: $450,000
  • Gross Income: $482,828
  • Cash Flow: $216,844
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $11,580
  • Listing ID: #216173
  • Established: 1987
  • Employees: 3 FT

Business Description

The business is a full service creative and multimedia company that provides a full range of services for media development to corporations and advertising agencies. They have expertise in the automotive dealership industry, legal profession, promoting medical practices and real estate development promotion. They assist corporations with conferences and related video logistics. Production can be done on location or in their studios. Territory is predominant to Central and West Florida with completed projects throughout the State of Florida and Georgia. They do government promotional work as well. Post production can include graphics, animation, audio production and recording.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Florida

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $450,000
Gross Revenue: $482,828
Cash Flow: $216,844
FF&E: $11,580
Seller Financing Available: Yes

Property Information

Facilities:

Business is located in a 6070 sq. ft. free standing building on 3 lots. The location is central to the Region's business market providing for excellent ingress & egress. The property has parking for 28 vehicles. The interior is divided up into 2,100 sq. ft. of office space/common area & 3,864 sq. ft. of air conditioned studio production space. The property is owned by the Seller and will be available for a negotiable lease. Rental rates for office space are $25 sq. ft., with the studio space forecast at $18 sq. ft. The owner is also willing to discuss options to buy the Real Estate. The building is zoned CG and pictures will be available for review. The property has opportunity for growth and expansion of production applications that will drive more revenue and profitability. The studio provides for seamless corners, 400 AMP 3 phase camlock disconnects, make-up room/dressing room with dedicated air conditioning units, wireless internet, plenty of parking for lighting and grip truck support vehicles

Growth & expansion opportunities:

Additional strategies include co-venturing with advertising agencies, enhancements to equipment, on-line video enhancements and animation production. This year's unfortunate pandemic has changed the way business is done and "video is the new video"! There are new and creative applications of video evolving daily and this company is poised to take advantage of that need that a new owner's focus will bring.

Competition:

The reputation in the market in the segments that they have noted expertise in is their advantage. There are single, independent operators working in a virtual setting who have limitations to scale up as needed. And there are brick and mortar operators in the market, each with a specialty of their own. Our industry specialty provides repeated quality product on time with the ability to adjust and finalize a project in a timely fashion throughout the region. The studio allows for a professional studio for a top notch business setting.

Reason for selling:

Owner is ready to retire and exit the business.

Support & Training:

Will train for 4 weeks @ no cost. Over their 30+ years of experience they have satisfied well over 500 clients and produced in excess of 98,000 video commercials. The company does video production both in the field and in their studio. They provide aerial videos, green screen technology, video editing, post production support, graphic and animation & web video production. There is an opportunity in the area of ad placement and digital marketing to build on to their offering. The business is non seasonal and does have contracts with several on-going commercial accounts. It's strengths are its location, reputation, full service provider, wide range of expertise, large base of freelance workforce and a loyal client base.

Contact Business Seller

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Business Listed By:

David Kresge

Murphy Business Brokers