State of the Art Professional Recording Studios and Radio Station

Contact Seller
Worth 2 millions US as is
Asking Price:
$822,999

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$500,000
included in asking price

Real Estate:
$1,260,000
not included in asking price

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Business Description

State of the Art Professional Recording Studio, 6,500 sq ft for $822,999 US.

Ideal for Record Companies/Indie Labels, International artists/bands/producers or just to secure your personal wealth in the 2 large real bank vaults (160 sq ft).

It was originally owned by the Label "Disques Star" .

The Infrastructure of "Studio 451" in Montreal, was designed by an acoustic engineer, JL Louradour, for a cost of $1,500,000 US in the early 90's (not including the real estate/gears/consoles, etc).

The acoustic is exceptional everywhere, DOLBY Quality.
2 large control rooms (CR), 2 live rooms (LR) and
7 Isolation booths.

The main CR, 650 sq ft, has perfect acoustic and is as good as any private/corporate CR in the world. The second CR can also be connected to the main LR (audio and visual).

The main LR, 700 sq ft, plus 7 Iso Booths, is on 2 levels with a mezzanine and 24 ft ceiling.

-SSL 9096 J, 96 channels Total Recall, in excellent condition, $1,5000,000 US ( Bought new in 2001, we have the original invoice )

-AMEK Mozart (custom), 56 channels, 24 Rupert Neve preamps & EQ's

-Wide range of analog and digital equipment, mics,

-Hammond organ with Leslie,

-Yamaha 7 1/2 feet grand piano.

-Large Mechanical lift to carry piano, musical instrument, drums, etc in and out of building

-2 large bank vaults (9ft x 9ft x 9ft), This building was originally a bank before being transformed into this exceptional recording studio.

-On the third floor (level), there is another studio. It is for a radio station. I do not remember the name of the previous radio stations that were there but the last radio station that was transmitting from our radio studio upstairs was a company named “ XM “, it was a Satellite radio station, but now this company is called "SiriusXM Satellite Radio".

-The Studio worth at least 2 millions US as is.

-Reason for selling: Bad management, main owner lives outside of Canada,, our Indie Label failed and one associate quit with his gears.

Options:
A- Buy only the gears, micros, consoles, etc for $475,000 US
B- Buy the Recording Studio plus consoles, gears, micros, etc. for $822,999 US and pay a monthly rent of $5,500 US.
C- The potential buyer has also the option of purchasing the Real Estate for $1,260,000 US (Market Value). If you keep the actual renters I will give you their security deposit of $23,000 so you will have to pay only $1,237,000 US.
-The building is High end construction with steel beams, etc, 12,500 sq ft on 4 levels.
The lot is 5,000 sq ft
-The upper 2 levels are rented (6,000 sq ft, commercial, for $61,500 US / yr), and the 2 lower levels are for the studios (6,500sq. ft.)
-The front of building is in marble, 5 min from Downtown, a block away from the subway (Metro) and 2 min from the Highway.
-Financial help available for the Building and Studio but not for the consoles, gears, micros, etc.

About the Business

Year Established:
2003
Number of Employees:
2
Facilities:
The Real Estate at $1,260,000, is not included in selling price of the Studio., but is offered as an option. High end construction with steel beams, etc, 12,500 sq ft on 4 levels. 2 levels are rented (6,000 sq ft, commercial, for $61,500US / yr), and the 2 lower levels are for the studios (6,500sq. ft.) Front of building in marble or similar, 5 min from Downtown Center, a block from the subway (Metro) and 2 min from the Highway. The lot is 5,000 sq ft
Website:
www.studio451.ca
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About the Sale

Reason For Selling:
Bad management,
Main owner lives outside of country, Our Indie Label failed,
One associate quit with his gears.
Training/Support:
My 2 other Partners can stay to provide the buying Company management and post-closing training and support and even can be employed by the new company, if needed
Seller Financing:
We have NO Debt and NO Mortgage

Listing Info

Keywords:
State of the Art Professional Recording Studios, Radio Station, SSL9096J console with Total Recall, Amek Mozart custom 56 tracks console, Bank vaults, Dolby, Iso Booths, Record Companies Labels, Indie Labels, International artists, International bands, International producers
ID:
1411245
Ad Detail Views:
399

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Business Listed by
Marc Rousseau

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