Internationally Recognised Character Costume & Live Show Producer

Sydney, NSW

Leisure/Entertainment / Arts/Crafts Services / Entertainment Industrial/Manufacturing / Clothing/Footwear
$525,000
Listing ID1775241

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A unique opportunity to acquire an internationally recognised manufacturer of character costumes, and producer of live shows. The business produces licensed and non-licensed shows across Australasia.

Location Details
While located in Rosebery, Sydney, clients are accessed and serviced on an international basis.

Potential
The business has sample scope to leverage new opportunities on its existing infrastructure base. Significant planning and marketing has been undertaken in FY18 with planned events in Australia expected to uplift turnover by about 50% in this period. This is in addition to work being undertaken in South East Asia.

Skills
This business would be ideal for someone wishing to progress in the entertainment & creative arts industries, but this is not a pre-requisite for an owner. The business is highly systemised with extensive user and procedure manuals, and extensive use of software for designing and developing of characters. The staff are also extensively skilled and trained. The vendor is available to undertake an extended handover to a new owner, and is available to consult back to the business, as required, for an extended period.

Hours
Monday - Friday, 9:00am - 5:00pm

Lease
Current lease extends to June 2020 with landlord amenable to discussing new leasing terms.

Employees
Four full time staff including the owner. Contractors are engaged as required based on projects being undertaken.

Reason for Sale
The owner, after 25 years in the industry, is selling to pursue other creative interests.

About the Business
Spark Light designs and produces costumes for a wide range of uses from mall appearances to live shows, mascots for sports teams and to promote theme parks and movies. The company takes a character from reference material, through the design process, manufacturing and fitting, all the way to the finished product. It is one of a few operators worldwide that offers this "one stop shop" facility.

History
The business owner has operated within the industry for over 25 years and Spark Light is the current iteration of his business. It consistently deals with iconic industry brands including DreamWorks, Universal, Warner Brothers etc.


For more information on this great opportunity, please contact the undersigned:

Mark Levitt
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0431 004 488 T: 1800 858 696 E: mark.levitt@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1775241 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.