The offering is a group of companies operating collectively as a premier equipment rental house for film, still photography, and video businesses in the Western United States.
Key Aspects:
· Original operating entity has been in business for more than two decades
· Preferred dealer for suppliers with discounts given to the company on a variety of equipment
· Thousands of customer accounts with no customer exceeding 15% of gross sales
· High level of repeat business among customer base
· Offering includes a mix of studio production rental equipment as well as film assistance services
Opportunities:
· Continue current trend of expansion in order to serve additional markets
· Expand equipment and service offerings in order to provide complete production services
· Proprietary rental management software to be released in Q4 2023 will further streamline operations.
· Tapping into the used equipment market resale market
· Increasing demand for film and content creation
· Large market for services with film production expected to see continued growth.
Headquartered:
· Southwest, US
Current Markets:
· The company currently serves production agencies, content creators, advertising directors and other businesses throughout Western U.S.
Real Estate:
· The business primarily operates from a facility owned by one of the operating entities. The primary facility can be made part of the transaction or leased to new ownership. The business also leases a second facility from an unrelated third party in a commercial building for its outlying operations.
Shareholder Objectives:
· The sole owner is seeking an acquirer in order to assist in the expansion of business operations to more locations and niche markets. Ownership is open to a variety of deal structures and is equally willing to remain with the business to participate in future growth or to exit post-sale.