Total of 18659 firms and businesses for sale today Monday 13th May 2024
Sold. Corporate & Commercial Video And Photography Services Company
LISTING DETAILS
Firms For Sale ID:
34891
Vendor reference:
CF054
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£140,000
Turnover / revenue:
£125,000
Net profit / cashflow:
Undisclosed
Years established:
7
Trading hours:
Monday Friday: 09:00 18:00 (Projects permitting)
Number of employees:
2
Employees / staffing:
The vendor is supported by:
1x Full time Head of Content
1x Part time production assistant
Team of reliable freelance camera operators, photographers, writers and production assistants.
All staff are highly experienced and a real asset of the business.
OTHER DETAILS
Reason for selling:
The vendor feels he has taken the business to the limit of his expertise and now wishes to commit his time to new projects.
Support and training:
The current owner would be happy to provide training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is managed from a studio, with 3 offices (sub let) on a busy high street in a popular and well kown Surrey town, just a 2 minute walk to a main line railway with excellent links to central London, the rest of Surrey and the South of England. Easy access by road to the A3 & M25.
The lease period is 5 years with a 2 month break clause.
BUSINESS DESCRIPTION
Corporate & commercial video and photography services company
Ref. CF054
Location : Surrey
Asking Price : GBP 140,000
This business was set up by the vendor over 7 years ago and has grown in that time to become well established and profitable. The business specialises in the production of corporate and commercial film & photography for some of the.best known companies in the UK. The company also provides teaching, editing and production services to a small number of non commercial customers for such events as weddings etc.
All of the necessary equipment is included in the sale and the core production team manage the majority of projects; freelanceers are relied upon for specialist skills only or for support during busy periods.
The business has also retained a signinficant footage of stock video for certain clients, meaning that in order to continue to take advantage of the competitive pricing offered by the company, it is necessary for these clients to continue to use this companys services into the future. The property rights for this stock footage is owned by the company and is a considerable strategic asset.
The services are backed by a roster of highly reliable full time & freelance staff, who are well motivated and back up all of the reliability and trust claims that the Vendor relies upon when dealing with clients and their time critical projects.
The business is very sucessful and highlights include:
Loyal long term clients
The business has been around for over 7 years and is a solid repeatable business opportunity
The business has untapped potential and is highly scalable
Competitive pricing
Solutions to complex requirements
Very strong referral rates among clients
The business is managed by the Vendor who has implemented a very efficient management system for detailing the terms of each days and weeks jobs to staff. Staff and contractors are fully conversant with the business techniques and methodology and are more than capable of enabling a new owner to successfully maintain continuity of trading.
Expansion Potential
The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The vendor believes that this business would be a perfect platform from which to grow by other acquisitions within the supply chain.