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Lights Camera Action Film Equipment Rental Business For Sale

Toronto, Ontario, Canada
Asking Price:
$875,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$100K - $250K (CAD)

There has never been a better time to get involved in the TV and Film industry in Toronto. Unprecedented demand for film and TV content from subscription services such as Netflix, Amazon Prime, Apple+, Disney Plus, etc. is driving significant growth in the 4th most filmed city in the world. Boutique motion picture and television equipment rental business located in Toronto. High touch, personalized service reputation. Equipment inventory includes an extensive line of film and television cameras and accessories, lighting, grip equipment and a complete range of generators and electrical distribution. They also carry camera cranes, remote heads, camera dollies, car mounts and a broad range of speciality film and broadcast equipment. Ideal acquisition for a company in the industry that would like to have a presence in the Toronto market.

Property Information

Real Estate:

Lease

Lease Terms:

Currently month to month with an option for a long term lease

Leasehold Rent:

$15,331 (CAD) per annum

Location:

Greater Toronto Area There has never been a better time to get involved in the TV and Film industry in Toronto. Unprecedented demand for new film and TV content from subscription services such as Netflix, Amazon Prime, Apple+, Disney, etc. is driving significant growth in the 4th most filmed city in the world. (See attached Appendix A – Industry Information)
• Currently there is approximately 2.2 million square feet of production space in Toronto with 1.2 million square feet of new production space opening in 2019 and late 2020, a 55% increase. Source: Altus Group

Premises Details:

2,800 sq/ft of industrial space at a very low rental rate. Business can be moved or expanded as there is additional adjacent space within the same building.

Business Operation

Expansion Potential:

Growth possibilities are endless, additional inventory, add offices, add services, etc.

Competition / Market:

Most competition is much larger and lacks personalized service and expertise provided by this company

Reasons for selling:

The business has operated successfully since being founded in 2006 and is positioned for significant future growth, however, the growth will require time and dedication that the current owner cannot provide. The owner is heavily involved in two unrelated businesses out of the country that requires his full attention. He has therefore decided that a sale to a buyer or investor who can provide full-time effort is the best course of action for the business.

Trading hours:

Primarily M-F during normal business hours

Employees:
Owner
Years established:
13 Years

Other Information

Support & training:

To assist in the success of the new owner, the current owner is prepared to help in the transition for as long as 3 months to provide continuing service, training and knowledge transfer as required

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner is willing to provide a small VTB for the right buyer

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$750,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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