This is a long established business in the digital media conversion industry.
Established in 1988 this business is a trusted professional studio specializing in the conversion of various vintage media formats to digital format for customers to renew their memories and enjoy them in the future. The business has equipment to convert video tapes, audio tapes and film reels into digital format and save it to USB or hard drive. It also offers editing and duplication services.
This is a turnkey business sale that includes all the necessary conversion equipment and a custom studio fit-out with favourable rent terms, providing the buyer with a seamless transition into operation.
To ensure a smooth handover, comprehensive training will be provided, covering all aspects of running the business and operating the equipment.
The studio is well located in Camberwell in an area with decent foot traffic and is easily accessible by public transport. This business has a website and accepts work from throughout Australia, using postal or courier services.
The studio is fully equipped with all necessary conversion equipment, custom wooden studio fit out and essential amenities, including security cameras, a bathroom, a kitchenette, high-speed internet, secure parking, and air conditioning/heating. These features not only enhance the working environment but also contribute to the overall efficiency and professionalism of the operation.
Currently run by a full time manager, with the owner putting in minimal hours, this business can be run as is, or the new owner can choose to run the studio themselves to retain more of the profits.
Current operating hours are 4 days per week - Tuesday through to Friday from 10am to 5pm, which allows for a good lifestyle balance, with room to expand operations if new owner desires.
Turns over approx. $100,000 per annum with rent of $1,688 per month including GST. Secure lease of 5x3x3 which commenced in February 2019 is in place.
This business presents an excellent opportunity for various types of buyers. Whether you are seeking a single-income venture, exploring business visa options, or are simply not ready to retire but want a fulfilling endeavour, this business has the potential to meet your objectives.
For more information about this opportunity and to organise an inspection, contact Elle Likopoulos on 03 9566 7300.
Ref: B14536
