Wanna buy the Terminator? If you have more than $30 million lying around, this could be your chance.

Halcyon, the group that owns the rights to the ‘Terminator’ franchise is being forced to restructure its finances. And The Los Angeles Times says that, as Halcyon’s only valuable asset is the “Terminator” rights, any deal would involve an investment in or outright sale of the rights.

Halcyon filed for Chapter 11 protection last month and has hired FTI Capital Advisors to “evaluate strategic alternatives” and help the company negotiate the process and assess the value of its assets, which it also claims include first-look rights to the works of science fiction writer Philip K. Dick – though, according to a report in Variety, that agreement was terminated before the company filed for protection.

“Based on our extensive due diligence, we believe the value of the Terminator franchise alone is substantially greater than the $30 million Halcyon paid for it in 2007,” Kevin W. Shultz of FTI said in a statement. “In our view, Halcyon enjoys a wide variety of strategic options and we intend to explore them all.”

Meanwhile, the company will reportedly continue to operate and will keep developing the next ‘Terminator’ movie and other feature film projects, though what a sale would eventually mean for the franchise is unknown. Clint Morris, who runs the website Moviehole.net is musing that the certainty of a McG directed ‘Terminator 5′ starring Christian Bale as John Connor might be in jeopardy.

‘The Terminator’ has changed hands several times in the past. The L.A. Times says Halcyon’s Derek Anderson contended in a previous bankruptcy filing that the rights are worth more than $60 million, more than twice what Halcyon paid.

(Photo by PR Photos)