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Equipment Rental Company In Los Angeles For Sale

Los Angeles, California - South
Asking Price:
$1,800,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,101,230 (USD)
Cash Flow:
$634,316 (USD)

This entertainment industry equipment rental company is a one stop shop that can satisfy all of the equipment and expendable needs of film, television and commercial production company clients. This well established business is an industry leader with a stellar reputation. On top of its asset intensive inventory base of rental equipment, the firm boasts clean books and records and has the property included in the sale – making it an ideal loan candidate, while still under the SBA threshold!

This 3,290 square foot structure (official, not actual) resides on a 6,700 square foot (0.157 Acre) corner lot with multiple entrances for loading, a commercial loading zone, and a large parking lot. The structure includes an office, break area and rest room with a shower, and plenty of efficiently utilized warehouse space. What’s more, the sale also includes over a $1 million in hard assets and inventory, including 3 heavy duty delivery trucks, forklifts, and over 70 reusable dumpsters. All of the business and property’s furniture, fixtures and equipment will be included in the sale.

Business Operation

Expansion Potential:

This firm has tremendous growth potential as the owner has had an eye on retirement for some time. While remaining at the top of their game for those products and services they provide, they have not invested in even more lucrative rental segments that could require capital expenditures.

Competition / Market:

As the studio rental business in Los Angeles is a highly sought after one, there are a few industry giants in the segment such as Quixote and Siren Studios. Smaller competitors, however, provide a more personalized service at competitive prices and are typically the suppliers of choice for both industry veterans and newcomers who appreciate their customer service, flexibility, ingenuity and personal touch.

Reasons for selling:

Retirement

Employees:
7
Years established:
1994

Other Information

Support & training:

4 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$1,000,000 (USD) - included in the asking price

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