Empire Business Solutions Completes First Successful Transaction of 2018

2024-04-19 12:18:54 Business

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Empire Business Solutions, a leading independent business broker in Los Angeles and Orange County is pleased to announce it has successfully closed another transaction. Empire is pleased to announce that Ultimate Imaging of Orange County, California purchased the assets of Prolab Digital Imaging, based in Los Angeles, California.

PROLAB Company Overview

Size of property location
PROLAB Digital is located in a light industrial zone near the South Run Way at the Los Angeles Airport on .6 acres

Year started
PROLAB Digital was established 1989 as a commercial custom color photo lab. As the digital technology started to emerge, PROLAB digital recognized the future of digital imaging and was one of the first companies in the world to enter into the digital imaging arena with the purchase of digital printing equipment. As time progressed, the traditional custom color lab facility was phased out and the digital imaging aspect of the production was completely embraced.

Growth from beginning
PROLAB Digital initially was named PROLAB Custom Color lab and opened its doors providing the highest quality custom color photographic reproduction services for the architectural industry, retail and department stores, trial attorney, manufacturing companies, commercial and industrial clients, advertising agencies, and the entertainment industry.
As the digital revolution took place and began taking root in many different fields across the globe, PROLAB digital was an early adopter and immediately started buying the latest technologies as they became available, so to always ensure that PROLAB maintained a clear competitive advantage over the competition.

Capabilities
PROLAB Digital has always maintained the core belief that having a broad spectrum of print services will allow the well-being of the company to ride out any cycle or trend in the marketplace by keeping a broad range of clients in multiple fields. Over the last few years, PROLAB Digital has increasingly focused on the higher margin fine art reproduction and printing revenue stream while still maintaining much of the commercial and industrial digital imaging services developed over the years.

Prolab assets were purchased by Ultimate Imaging based in Costa Mesa, CA. Ultimate Imaging, a premier wide format printing company in its own right, saw Prolab as a great opportunity to expand its product offering to a wider base of customers.

Contact Roy Moss, President of Empire Business Solutions at 714-374-6430 to discuss the process of selling or buying a business in Orange County. Empire has been in business since 2005 and is considered a leading California business broker with offices in Orange County and Los Angeles with primary emphasis on businesses in the $1.0 mil-$10.0 mil revenue range.