Remote, Wireless and Specialty Film Rentals & Sales - Owner RET

Name: Remote, Wireless and Specialty Film Rentals & Sales - Owner RET
Brand: Transworld Business Advisors
Price: 1600000 USD
Availability: InStock

Listing Number: 6842-221822

Back to Listings

Listing Details

Price: $1,600,000

Location: Los Angeles County, California

Down Payment: $1,000,000
Sales: $0
Seller's Discretionary Earnings: $0
Inventory: $0
Furniture, Fixtures, and Equipment: $2,544,143
Employees:
Year Established:
Reason for Selling: Retirement

Interested in learning more about this business?

Fill out the form below to gain access to additional information.

First Name*

Last Name*

Email*

Phone Number*

Message

We are committed to safeguarding the privacy of our website visitors and service users. By checking the opt-in box, you agree to Transworld Business Advisors' Privacy Policy and allow business use of your provided data. Message and Data Rates may apply. Message frequency may vary. You can STOP messaging by sending STOP and get more help by sending HELP. Our full privacy policy can be found here: www.tworld.com/trust

I agree to Privacy Terms*

I agree to receive SMS text messages

For More Information About This Listing

Eric Straus

(917) 719-5920 [email protected]

View My Listings

Business Description

This sales, rental and service business consists of highly specialized, hi-tech film equipment, valued at over $2.5 million and is selling for $1.6 million. The equipment includes various types of Remote Heads, and the proprietary mechanical design and software that has gone into creating, servicing and maintaining it.

The Company has traditionally monetized the equipment via sales, rentals and service to its broad group of customers. However, the COVID-19 pandemic in 2020, the 2023 SAG-AFTRA/WGA strikes, and the destructive 2025 Los Angeles wildfires formed a devastating "triple whammy" that permanently broke Hollywood's traditional economic model. Together, these distinct crises accelerated a massive, historic exodus of physical production away from Southern California and the film industry.

The Founder now wishes to retire, and feels the Company’s Remote, Wireless and Specialty Equipment for shooting and filming will make a useful addition to any Buyer involved in commercial videography, filming or shooting sporting events, live performances, or independent creations.