Professional Video Equipment Rentals in DFW! (17761)
ServiceFor Sale in TX
Financial & Assets Details
About the Business
This DFW company specializes in the rental of high-end cameras, recorders, audio, grip, and lighting equipment to professionals in the video production and motion-picture industry. Situated in the Dallas/Ft. Worth, Texas metroplex, a regional center for production and marketing, this experienced company with optimization plans is ideal for buyers looking for expansion via a satellite location. In addition, substantial growth opportunities exist through the addition of equipment sales, or other support services. Long-time clients include television networks, episodic TV producers, advertising agencies, independent production companies, and corporate communication departments to name a few. The spacious, well-organized facility suits business operations perfectly. Totaling 9,000 square feet of office/warehouse space, it is located in an industrial-zoned area capable of handling extra capacity. The property has the option to be leased. One key team member is available to take on more responsibilities, such as manage a skilled staff of four non-union employees and assume current owner-involved functions, should new ownership prefer to focus on growth opportunities. Thanks to a simple in place system, a smooth ownership transition is anticipated over a preferred period of up to three months, plus ongoing consultation beyond 90-days. Besides maintaining a website and social media engagements, increased promotion efforts could maximize new customer referrals, in addition to increasing repeat business from their large, rotating customer base. Benefited by strong profit margins, Total Revenues last year reached $354,481 alongside Seller Discretionary Earnings of $64,967. While the company has been adversely affected by the pandemic in 2020 and 21, sales are expected to rise in 2022!
Negotiable up to 20% for the right buyer.
4 nonunion & 1 key member.
Support & Training
Smooth Owner Transition period anticipated for a preferred three months, plus ongoing consultation beyond 90-days.
Reason for Selling:
Approaching retirement and/or pursuing other interests.