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BUSINESS FOR SALE - PROFILE #  41980091

Sound Recording Studio-Leader in Field
Connecticut
Asking Price: $525,000   Down Payment: $262,500  
Gross Revenue: $463,969   Adj. Cash Flow*: $169,419  
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Executive Summary
This business is one of the very best sound recording studios in the highly competitive New York City-Boston area. Its equipment is state-of-the art, and the owner's commitment to superb quality is embodied in “That Piano”, a Yamaha C6 concert grand piano which was chosen after literally 100+ pianos were played. This commitment to quality is best reflected in the many local, regional, and national awards, and most importantly, in the reputation and work of this studio.The facility is immaculate and beautifully designed, with stages, equipment, and isolation rooms which provide an aesthetically and acoustically ideal environment for producing and recording the very best performances possible.

Acquisition Highlights

  • This studio has a hard-earned 35 yera reputation for quality and being a classy operation.
  • One part-time receptionist/assistant; one full-time engineer with twenty years at the studio
  • The company has no debt, and is very profitable.
  • The studio is located in a nice area of Hartford, about half way between Boston and New York City. Its piano is without peer. The studios are immaculate and beautifully designed and appointed. In-studio equipment includes two control rooms, Pro Tools HD,Genelec Main and Near Field Monitors, Otari Status 18R Console, large selection OutBoard Gear, mics, and plug-ins, large, acoustically tuned tracking room, an isolation booth, and vintage Gretsch drums. For remote recording, Apogee A/D D/A.
  • Over 35 years, the studio has established itself as a top quality producer of recordings, sound overlays, electronic game audio, advertising jingles, etc.
  • Financing Information:  36 months @ 8%
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1975 Inventory:
Employees: 1 FT, 1 PT Furniture, Fixtures & Equipment: $159,767 Included
Lease/Rent: $1,600 Real Estate:
Building Sq Ft: 2500
    Total Assets Included in Sale: $250,078
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Jeff Swiggett
Phone:  (203) 772-3773
Fax:  (203) 772-3713
E-mail:  jeff@vrnutmeg.com 		VR Business Brokers - New Haven CT
941 Grand Ave
2/F
New Haven, CT 06511
www.vrnutmeg.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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