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Status as of Jul-3-2008 at 09:51 PM: Off The Market
This Orange County based acting and modeling workshop and management service has been operating successfully since its inception in 1991.
The owner and founder is ready to retire, however is willing to stay on as an instructor and or consultant with the new management team.
This business has a very low overhead and routinely drives 35 to 40% of sales to the bottom line, according to the owner. The seller is proud of its excellent reputation in the community and within the industry and notes that the company has been a member of the Better Business Bureau for 13 years.
Services provided include classes and private sessions for students. Assistance is provided in the areas of scene study, cold reading, the audition and improvs.
The business features an impressive cadre of guest celebrity instructors. Also, over the years, this business has developed an excellent relationship with Los Angeles and Orange County based Directors and Agents smoothing the way for students toward employment.
The seller notes there is relatively little competition in the Orange County marketplace in this arena. Much of the business is driven by advertising in local and regional newspapers along with a very well done web site.
With new enthusiastic blood in the management area, this business is ready to be grown quickly!
Annual Sales: $70,000
Rent: $1200 per month for a 1100 square foot space
Furniture Fixtures and Equipment: $8000
Seller's Discretionary Cash Flow: $27,500
Asking: $90,000
Industry |
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| Industry Classification: | Business Services // Other Business Service Businesses |
| Industry: | Not Disclosed |
Location |
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| Location Classification: | US // Pacific // California |
| Location: | Southern California |
Financials |
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| Sales Classification: | Under $100 Thousand |
| Sales: | $70,000 |
| Profits Classification: | Under $100 Thousand |
| Profits: | $27,500 |
| Profit Type: | Not Disclosed |
| Fiscal Year: | 2003 |