Website Closers® presents a top-of-the-line Video Production Studio that offers turnkey, cutting-edge solutions for both live and on-demand content creation.
Located in Phoenix, Arizona, their 16,000-square-foot facility features 2 sound stages, one of which includes an advanced immersive LED floor and walls, a fully outfitted podcast studio, 2 4K-capable control rooms, 4 post-production edit suites, green rooms, and dedicated hair and makeup areas, making it a great choice for productions of all sizes.
The brand is in an excellent place to take advantage of the rising demand for live productions and hybrid events. They boast high-quality equipment, proprietary IP-based transmission technology, and an expert team of production professionals. These unique features, coupled with their location, make them a cost-effective alternative to pricier coastal production hubs, offering clients the same great quality at a lower cost.
Sales & Revenue Generation
The brand generates most of their revenue through their live remote integration productions, which accounts for 65 to 70% of their total revenue. Their turnkey solutions, innovation, and scalability have all led to them being a great choice for clients in the sports, entertainment, and corporate industries.
Their studio projects typically range in price from $5,000 to $10,000, while larger REMI contracts bring in between $50,000 and $75,000. Their solid revenue model has made the brand well-positioned for further growth, which they can accomplish by expanding their services and forming strategic partnerships.
Their services also cater to the high-demand gaming and eSports market, which continues to see rapid growth. The rising popularity of hybrid event solutions and remote productions has put them in an excellent spot to grow alongside demand. Their small but capable team streamlines their operations, with their workers skillfully handling their clients’ needs: from concept to production and post-production.
Scale Opportunities
There are many scale opportunities available to this brand, starting with their marketing campaign. Their current ad strategy currently relies heavily on word-of-mouth and organic social media, and they could quickly generate more traffic through digital advertising, social media campaigns, and partnerships with industry leaders. The company could also explore original programming, corporate training, and video podcast production.
Business Broker Takeaways
1. Growing Market. The brand has established themselves in the thriving live remote production industry, with a niche focus in sports, entertainment, and corporate events.
The demand for hybrid and virtual event solutions will provide a buyer with a stable revenue stream, as well as healthy growth potential through digital marketing. An improved ad campaign would allow the brand to better attract clients from new regions and sectors.
2. State-of-the-Art Facility. Their 16,000-square-foot facility includes an immersive LED stage and 4K-compliant control rooms, providing a ready-made, revenue-generating setup. By operating in Phoenix, this facility is made more cost-effective than their coastal competitors.
The facility is well-equipped for scaling into original programming, corporate training, and video podcast production, which will allow for easier growth post-purchase.
3. Established Client Base. The brand has built a strong network of clients across various industries, such as sports leagues, entertainment companies, and corporate event organizations. They have left these clients consistently satisfied with their high-quality services and advanced production capabilities, leading to consistent organic traffic through word-of-mouth referrals.
Their contract sizes range from $5,000 to $75,000, which will offer the brand’s new owner a sturdy foundation to build from.
Conclusion
This company’s state-of-the-art technology, remote production capabilities, and 7 excellent workers make them an ideal choice for their clients, and an excellent pick for a buyer interested in entering or further exploring the video production market.
They boast a profitable, scalable, and industry-leading production facility with strong growth potential, and as the seller is eager to facilitate a smooth transition, a buyer will be able to focus on scaling soon after purchase.
