Production Equipment Rentals – Well-Established with w/High Inventory!
Business Description
This production equipment rental company is a one-stop shop that can satisfy all of the equipment and expendable needs of its film, television and commercial production company clients. This well-established business is an industry leader with a stellar reputation and an extensive amount of market-leading inventory. It is estimated that the fair market value of its inventory exceeds $1M.
About the Business
- Years in Operation
- 31
- Employees
- 6
- Facilities & Assets
- The business operates out of a 1.2k square foot office located in a converted residence. The business has an additional 2.2k and 2.5k warehouse on a 1.38 acres parcel. The lot is secure and has been meticulously crafted to suite this company’s exact needs. The sale includes significant inventory, with an estimated value over $1M in hard assets, including heavy duty delivery trucks. All of the business and property’s furniture, fixtures and equipment will be included in the sale.
- Market Outlook / Competition
- As Los Angeles is at the epicenter of the entertainment industry, companies that cater to the production industry are plentiful. In the production rental segment of the business however, there are a few giant competitor followed by a few well-established industry incumbents that are many managers preferred providers. This is due to the fact that the smaller competitors tend to provide a customized offering at competitive prices – making them the suppliers of choice for industry veterans and the newcomers who benefit the most from personalized service.
- Opportunities for Growth
- New management may take this opportunity in any number of directions. The company has a well-established name, stellar reputation, and a tremendous amount of rental inventory. The operation can be combined with a similar company or be added to one with a complementary service or product offering. Given the customized facility’s size and location, it can serve as a fantastic outlet for a larger entity with an even broader offering that may include other rentals such as cameras, trailers and more.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,900
- Rent
- Not Disclosed
- Lease Expiration
- 7/2/2035
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller wil train for 2 weeks at 20 hour per week or as negotiated.
- Financing Options
- Seller may consider a small, secured carry for another existing established industry
Listing Info
- ID
- 2385743
- Listing Views
- 608
Listing ID: 2385743 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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