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- RE: Television And Streaming Production - SBA Approved
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $2,000,000 | |
Annual Revenue: | $1,350,080 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $372,061 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 953081 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This production Company, celebrating its 39th year in business, is one of Chicago’s premier television production and post-production houses.
They have consistent sales averaging around $1.3 million every year. Their formula for success has been to do work at the highest level but keep overhead to a minimum. The company has 4 full-time employees: a Producer, 2 Directors of Photography and 1 Production Manager. The business also has a large network of exceptional freelancers who work as independent contractors and is debt-free.
The production company’s studio is in Chicago’s trendy West Loop neighborhood. They have long-time prestige clients like Oprah Winfrey, CBS’ 60 Minutes, The Big 10 Network, the National Association of Realtors and the Chicago Urban League. They have a roster of over 600 customers that it services. Their repeat business and reoccurring revenue are a testament to the focus on quality. They only get their business from extensive networking and word-of-mouth.
They are selling the business to facilitate the co-founder/owner's upcoming retirement. The Producer Owner is willing to stay on board for 6 months after the sale if needed to support the transition.
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Market Competition and Expansion:
This business is infinitely scalable. Having a salesperson would be a great start but they are also able to create new shows and films internally. Its reputation in the industry is stellar and can leverage its brand to pitch shows/series to streaming services like Netflix or Amazon.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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