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Leading Network Quality High Definition Television Studio

Vero Beach, Florida (Indian River County)

Services - Motion Pictures | Communications

$Seller Financing Available

Asking Price $2,995,000 Inventory  
Gross Income Not Disclosed Real Estate $1,000,000* 
Cash Flow Not Disclosed Year Established 2009
FF&E N/A Employees 3 ft, 12 pt

* included in the asking price

** not included in the asking price

One of USA's Leading High Definition Television Studios

Southeastern Studios, one of the leading new high definition television studios in the United States, and one of the most technologically advanced high definition television studios in the world, after a four year construction period, has opened its beautiful facility in 2009 in the oceanside paradise of Vero Beach, FL. Using some of the finest high definition cameras, lenses, camera cranes, lighting, and gorgeous million dollar sets in the business, the studio is already attracting producers of national television commercials, infomercials, and a broadcast network television series pilot. The studio has a huge advantage over its competitors -- it's the only high definition virtual studio system, other than NBC's and the Turner Networks', tethered to cinema quality cameras in the United States (and NBC's and Turner's are not available to outside producers). That means that our productions take place on what appear to be gorgeous and very expensive sets -- in fact any location a producer can dream -- without the $300,000+ set construction costs that producers would normally have to pay. This saves our clients a great deal of money, and that is crucial in the television business at the moment -- and in the future too. The market is recognizing how special we are. The word is spreading. We've already produced a sizable number of national projects, and have several potentially huge contracts set to kick in. When these contracts kick in, the studio will be instantly very profitable. A personal situation forces a sale now for basically the cost of the equipment and real estate, but when the contracts mentioned above kick in, the price will have to be (understandably, I hope) significantly raised.

Facilities: This brand new facility is gorgeous, from the stately Royal Palms out front to the lovely covered patio to the classy office area. The studio building is considered to be hurricane and fire proof, built to withstand 300 mph winds with its concrete walls and roof reinforced with steel rods. Massive three phase electrical service and 65 ton a/c service. One of USA's biggest and finest collections of premium HD camera, lighting, and audio gear. Luxurious on-site motor homes and plenty of parking. Directly on Fiber Optic backbone -- easy access to LA & NY.

Competition: Southeastern Studios offers the only high definition virtual studio system tethered to cinema quality camera gear open to producers in the United States. The other similar HD systems, owned by NBC and Turner Networks, are not available for non-NBC or Turner projects.

Growth/Expansion: The studio is already attracting steady business, and producers are now starting to return for their next projects. Signed contracts for potentially huge, steady business kick in soon, which will make the studio instantly very profitable. The price will go up as the contracts kick in.

Seller Financing Available: Yes

Financing: $1,495,000

Support/Training: All key personnel are willing to stay on, including all technical people, so transition will be seamless. Owner will stay on to manage and/or train as long as the buyer desires.

Business For Sale By

Tim Pipher

772-643-3330

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