Manufacturer + Rental of Audio/Visual Equipment

River Grove, IL
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Asking Price:$1,400,000
Inventory:$347,000
EBITDA:$400,000
Established Year:1960
Gross Revenue:$1,629,300
Rent:$6,000/Month
FF&E:$294,500
BUSINESS DESCRIPTION

This company's revenue is trending up through 2024. Income and profitability are expected to surpass the last few years and are projected to be $400,000+. There are also $35,000-$40,000+ in accounting expenses that are not necessary at that level for this small company and are, in large part, discretionary based on expense allocation as this is a carve-out.

This company is unique and has several hundred thousand dollars worth of continually rented and already manufactured revenue-generating rental inventory (in stock) that is essentially akin to capital equipment as it generates repeat sales. It is valued at several hundred thousand dollars, and it is included in this purchase price, along with another almost three hundred thousand dollars in furniture, fixtures, and equipment, as well as all operating assets in place and all cash-flow/owner benefits, etc. All are included in this sale for $1,400,000. The manufacturing or raw material working inventory is an addition to the purchase price at cost and is currently valued at approximately $347,000. A mutual inventory will be done before closing on the sale.

This global leader with customers across the US and internationally specializes in high-quality manufacturing, rental services, and maintenance of certain types of relatively easily manufactured audio/visual-related non-electronic equipment, so it is not video or sound-related. With a reputation for customization, superior quality, and innovative technology integration, this company offers a competitive edge in the audiovisual industry. The company’s comprehensive solutions, loyal customer base, and exceptional customer support make it an attractive investment opportunity for those looking to enter or expand their presence in the A/V presentation and production market.

Strong presence in the dynamic and growing audiovisual (A/V) production industry. Manufacturing and rental services of equipment.Serving a diverse customer base, including event planners, production companies, businesses, educational institutions, hotels, and entertainment venues.Increasing demand for high-quality immersive experiences. Customized and high-performance equipment tailored to customer requirements. Flexible rental services for temporary or short-term usage. Stable, reliable, and vast industry expertise. Positioned for steady growth.

Starting in the late 1950’s, by providing solutions, this company has evolved into an industry leader with deep industry knowledge and superior manufacturing capabilities. To this day, it takes pride in offering an extensive lineup of top-notch pieces of equipment made per specs or rentable as in stock, all meticulously crafted in the U.S.A., ensuring unrivaled quality and supporting domestic manufacturing.


DETAILED INFORMATION
Location
River Grove, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
20,480
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business occupies approximately 20,480 square feet and shares another 950 square feet of this single-story building.
Competition
Competition can differ depending on regional market dynamics, specific products, and target industries. Only a couple of primary competitors exist of this caliber.
Growth & Expansion
As businesses and organizations adapt to the changing landscape, a significant trend can be observed: New clients are increasingly turning to this company for their equipment replacement needs; even when keeping existing equipment, they often need certain components replaced.
Support & Training
As much as needed and as agreed during the purchase process.
Reason for Selling
To focus on a different company and not divide attention as owners own multiple
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Dennis
Hansmann
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Dennis Hansmann