Well Established Multimedia Company for Sale

Contact Seller

Business Description

Well established company provides clients with leading edge media-based products and services. Capabilities are derived from deep experience in video production, graphic design, 2D/3D modeling/animation, global information systems (GIS), and digital signage. Project based services include database design, network integration, and custom programming.

Over the past five years the business has invested in developing several unique approaches to virtual reality (VR) applications, which has become the leading source of revenue generation. This technology has been adopted by federal agencies and major industrial clients and is currently being evaluated for potential as a patent application. This service area is viewed as having very substantial growth potential. The business currently is working with several DOD clients that have expressed interest in there virtual products.

The business has been under the current owner for 13 years, with a very diverse and loyal customer base. A substantial segment of the customer base has been retained for 10 plus years and constitutes repeat business on an annual basis. The company maintains a highly efficient staffing matrix with 4 full time and 10 plus highly qualified contract staff. Call Greg Ellwood for more information.

About the Business

Location:
Springfield, Virginia
Year Established:
2006
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$3,477.58 Per Month
Facilities:
Current lease to expire in 11 months.
Market Outlook/
Competition:
The company is uniquely positioned with services that are highly valued by many government agencies and industry players.

Contract Vehicles and Partnerships
The company has several task-order contract vehicles in place, both as prime and as sub-contractor to a large defense firm. These contract vehicles are limited to firms currently in place and represent excellent opportunities for business growth.
Growth & Expansion:
Recent developments and trends in VR related hardware and supporting software are setting the stage for cost effective solutions and substantial market growth in the VR industry. With a proprietary platform as our focal point, combined with our capabilities in aerial imaging, media arts, and signal processing. The company is ideally positioned to take advantage of this rich and growing market environment.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner and tenured employees are very knowledgeable in the business and will provide training and transition to ensure the new buyer has all the tools to be successful. It is anticipated that the core staff will remain in place. The owner is willing to remain for a negotiated period to assist in the transition, at a mutually agreed upon hourly rate.
Seller Financing:
Buyer must qualify

Listing Info

ID:
1630903
Ad Detail Views:
0
Asking Price:
$649,000

Gross Revenue:
$572,560
Cash Flow:
$180,370
EBITDA:
$144,730
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Gregory S. Ellwood, CBI CVB

Sunbelt Business Brokers of NOVA

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.