Los Angeles Luxury Audio Visual Business w/Property

Los Angeles, CA (Los Angeles County)

Los Angeles Luxury Audio Visual Business w/Property

Asking Price:$1,850,000

Cash Flow:$270,000

Gross Revenue:$502,000

EBITDA:N/A

FF&E:$150,000

Inventory:$75,000*

Real Estate:N/A

Established:2006

*not included in asking price.

Los Angeles Luxury Audio Visual Business w/Property

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Business Description

This well established Los Angeles area luxury Audio Visual business sale comes with a state of the art working showroom, in an ideally located property on a major high traffic throughway that is included in the sale! This company boasts a storied 10 year history with remarkable public relations and advertisements, as well as years of accolades that speak to the company’s achievements and lauded client list.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 3,085 square foot business includes a 400 square foot product demonstration area and showroom that would coast approximately $150,000 to replicate, an oversized reception area with a waiting room, a common area that is used as an open work room and conference room, 3-4 private professional offices, an oversized break room and a warehouse, storage and workshop area with 2 additional private offices or storage rooms. All of the business’s furniture, fixtures, equipment, historical goodwill including coveted top of the line vendor, premier extraordinarily high net worth client and first class subcontractor relationships will be included in the sale. Approximately $75,000 in inventory will be sold at cost at close.
Competition:
Given the level that this firm competes at, competition is limited and truly only on a national level. Local firms exist that cater to clients who seek lower echelon Audio Visual solutions, however they are not considered to be direct competitors.
Growth & Expansion:
A new owner-operator will likely wish to re invigorate the firm’s traditional marketing campaigns and actively engage in advertising, sales calls and job bids as the current management has not aggressively pursued such new business in some time. Rather, the firm has remained busy primarily via referrals and passive marketing.
Support & Training:
4 Weeks at 20 hrs/wk or 2 Weeks at 40 hrs/wk
Reason for Selling:
Retirement

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Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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