This business has an accepted offer. Please view our other Services Companies for sale.
This production Company, now celebrating over 30 years in business, is one of Chicago’s premier television production and post-production houses.
They have consistent sales averaging around $1.3 million every year. Their formula for success has been to do work at the highest level but keep overhead to a minimum. The company has 4 full-time employees: a Producer, 2 Directors of Photography and 1 Production Manager. The business also has a large network of exceptional freelancers who work as independent contractors and is debt-free.
The production company’s studio is in Chicago’s trendy West Loop neighborhood. They have long-time prestige clients like Oprah Winfrey, CBS’ 60 Minutes, The Big 10 Network, the National Association of Realtors and the Chicago Urban League. They have a roster of over 600 customers that it services. Their repeat business and reoccurring revenue are a testament to the focus on quality. They only get their business from extensive networking and word-of-mouth.
This business is infinitely scalable. Having a salesperson would be a great start but they are also able to create new shows and films internally. Its reputation in the industry is stellar and can leverage its brand to pitch shows/series to streaming services such as Netflix or Amazon.
They are selling the business to facilitate the co-founder/owner’s upcoming retirement. The Producer Owner is willing to stay on board for 6 months after the sale if needed to support the transition. He is also willing to work for the production company after retirement as an independent contractor. The co-owner/ director wants to continue working as Director of Photography. The other two full-time employees are also committed to staying with the company after a sale.
