Property Details
List Price: $210K
SoldDescription
Established Audio Production Studio For Sale
Sold - Metro Vancouver List Price: $210K
Adjusted Net Income: $57K
Annual Gross Sales: $440K
Equipment Value Included in Purchase Price: $200,000
Excellent opportunity to acquire this well established audio production studio located in Metro Vancouver. For over 15 years, this premier facility is a known industry leader with a strong reputation for delivering the best possible audio production services to its clients.
The company’s studios were design by one of industries most renowned audio design consultants and was built to the highest standards possible. They offer two state of the art sound rooms that provide a comfortable and professional recording environment to their clients, with award winning producers, composers and engineers. Their primary client base includes both large and small national ad agencies as well as many movie and television productions companies. The company’s area of expertise includes working with animation pre-lay, voice recording, audio post production, casting, commercial reads, to name a few.
This business will most certainly appeal to any existing production company looking to expand into the metro Vancouver market. However, since there is an existing fully trained staff in place, no actual industry experience is necessary. A passion for business development, existing account management and staff coordination would be ideal attributes for a non-industry buyer prospect.
The seller will also offer up to $20K in vendor financing to a qualified buyer prospect