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Filming Studio / Event Venue Rental Business
Location: United States -> New York
Industry: Media and Communication > Film




Business Summary

This 3,000 square-feet filming studio is located on the boarder of Queens and Brooklyn, only 4 miles from Manhattan, very convenient location. As a fully functional production facility, it equipped with a 30' x 20' Green Screen, a 40' x 20' White Cyc wall, 14 ft high ceilings, a make-up room with 3 make up stations, loading dock for production trucks, space lights, equipment and production design. This powerful studio works perfectly for car commercials, music video filming, drama filming, etc. The space also can be rented out as an event venue, which brings extra revenue when the studio is not booked for filming. Equipment rental is another stream of income. Online booking platforms like Peerspace.com gives them a lot of bookings. They also get referrals from ad agencies and production companies. Because they offer great services to meet clients' needs, over 90% of their customers became repeating customers and booked multiple times.
The business is easy to manage and has great potential to grow. Owner will offer training and support.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $64,440
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  1 week
Reason For Selling:  other interests

Photos

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Filming Studio / Event Venue Rental Business Photo 1




Print Listing Id: 700337094
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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