Now, 2018

30oct12:00 amTURNKEY OPPORTUNITY OF TV/FILM PRODUCTION RENTAL & SALES COMPANYAfter 40 Years, Rental Company Owner Retires...Sale Format:Sealed bid SaleClosed Sale Status:Closed Date & Time: NOW ACCEPTING OFFERS Location: North Hollywood, CA More Info: Cameras, Lenses, Electronics, Accessories, Heads & Tripods, Lighting & Cables, Production Vehicles, and Intellectual Property

Inspection

Inspection Info

Date & Time

NOW ACCEPTING OFFERS

Location

North Hollywood, CA

Removal

See Below

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View & Bid

Sale Details

 

SELECTED ASSET HIGHLIGHTS FOR THE TURNKEY OPPORTUNITY

Below we have delineated specific assets in the comprehensive turnkey asset sale. Please note this is only a partial listing of the entire operational enterprise. 

– Cameras from Arri, Panasonic, and Sony. 
– Lenses include Angenieux, Arri, Zeiss, Fujinon, Canon, Nikkor, Cooke, plus additional offerings. 
– Business historically generated $2.0 mm of annual revenue with profit margins from 15% – 20%
– Approximately $300,000 of brand new manufactured, distributed and retail products
– Accessory rentals include HD monitors, lens controls, data storage, matte boxes, filters, tripods, dollies, jobs, light kits, batteries, stands, overheads, chimeras, and generators. 
– (2) Nissan 2500 Sprinter Production Vans and Nissan Delivery Van 
– The Intellectual Property includes: The Company Name, Website, Phone Number, and Customer List.

Terms & Conditions

BIDDER LOGISTICS

Bid Deadline: No later than 3:00 p.m. PDT on Tuesday October 16, 2018 

Bidder Qualification: All parties must provide proof of funds to close on the transaction and provide an earnest money deposit in the amount equal to 50,000 USD. Additional deposits may be required in a competitive bidding process. 

Bids Form: All bids should be submitted with an executed Asset Purchase Agreement (“APA”) with substantially the same or better terms than indicated in the attached form APA (redlined with any changes). 

All bids must indicate a proposed closing date on the sale which is no later than Wednesday October 31, 2018 unless otherwise mutually agreed between Birns & Sawyer and winning bidder. 

Qualified bids will be reviewed and assessed for the highest and best offers and may be subject to a round of competitive bidding. In a competitive bidding process, deposits totaling 20% of bid price will be required. The winning bid will be executed at the end of the bidding process. 

The above is summary of key sale terms. These, along with Bid Instructions & Terms and Conditions, comprise the Complete Terms of Sale. Please review to confirm the responsibilities you are agreeing to upon participating in this sale.

 

Click here to Request a Bid Package.

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Logistics

FOR MORE INFORMATION

Contact: Jonathan Holiday by calling +1-805-367-3893 or email: [email protected]

Click here to Request a Bid Package.

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