Established Actors Agency For Sale

Business description

This business was founded in 1996 by the Vendor after years of operating in the entertainment industry and has grown since to become one of the most well respected agencies in the North with a reputation for its professionalism, contacts and knowledge of the sector.
The business operates from a prime location in the West End of a major UK city and has established itself as one of the leading independent Actors Agencies. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s professional approach and depth of contacts and knowledge, along with first class service and attention to detail.
The business has maintained strong and incremental growth over its 12 years of trading. The business is further supported by exemplary relations with National Organisations like the BBC and Channel 4, helping to retain the high calibre actor base and attract further actors at the same level. Amongst the clientele who regularly use the database of actors are National TV companies, International Film companies, Theatre companies and Advertising agencies.
Customer Service:
The business only manages a tight portfolio of actors, in the region of 80, to ensure the focus never waivers from its core service. The most important aspect of customer management and satisfaction considered by the business is honesty and is responsible for the business retaining many actors and the reputation for which has led to the acquisition of many new actors.
Key Strengths:
The business has established itself as a professional and reliable supplier within the entertainment field, holding memberships with BAFTA, Equity, PMA and many others. The vendor has created an operation that can easily be transferred as all systems are now in place to ensure a smooth transition. The business is well established and very profitable, with a loyal and growing client base, retaining a high level of repeat business, particularly among a number of customers performing on a retained basis and having done so for many years.
The company has earned an outstanding reputation for its professionalism, service, reliability, flexibility and a willingness to help.

Key Opportunities:

This is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover through the addition of new clients and developing the agency to include a variety of related areas such as supporting artists, juniors, stand ups, after dinner speakers, technicians and writers/directors, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform.

This firm maintains an extensive base of satisfied customers, who appreciate the company’s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts which are showing early trends for growth and development.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with low borrowings, low overheads, positive cash flow, high gross and high net profit and has shown consistent high growth over 12 years trading.
The Gross revenue is circa £1,000,000 per annum and the vendor feels that with an expansion plan and investment in client recruitment combined with the expected increase in demand the business could dramatically increase its revenues.

Property information

Property:

Leasehold

Lease terms:

The offices are leased at £5,000 per annum and occupies circa 200 square foot.

Location:

The business is located in an easily accessible area in the West End of a major UK city, close to the theatre district and major travel networks. The offices are leased at £5,000 per annum and occupies circa 200 square foot.
The premises are well appointed and represent the professional qualities and service the company has built its reputation upon.

Other information

Competition / Market:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The business is for sale as a result of the vendors’ wish to semi retire to enjoy the fruits of her labour.