New Business For Sale: Marketing Agency, 20 years with 40% net margins
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August 09, 2022 by Steve Lukes
Steve Lukes just launched a new listing: Marketing Agency, 20 years with 40% net margins
Marketing Agency, 20 years with 40% net margins
Asking: $3,950,000 • Gross: $2,305,800 • Net: $938,317A 20-year-old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, advertising campaigns, website development, and print and digital media. The company is operated in a virtual environment servicing their public sector clients.
• Fiscal calendar is May 1st to April 30th
• 95% of revenue is repeating or referral business
• Stock sale is preferred, C-Corp
• Owner is willing and wants to stay onboard post sale as an advisor or something more involved, and then phased out over one or two years
• The owner operates in a traditional management role, she does not perform the services
• Loyal and well-trained staff that is contract worker based on an hourly rate, most have been with the company for years
Customer Base: Federal, State and Local Governments; State Governors’ Councils on Workforce & Economic Development; State Workforce Development Boards; Local Workforce Development Boards; K-12; Community Colleges; Adult Education Providers; Economic Development Organizations; City & County Governments; Chambers of Commerce; Industry Associations.
Please contact Steve Lukes, M&A Advisor, 310-871-2909 or slukes@bizex.neSteve Lukes
Email: slukes@bizex.net
Office: (310) 882-2200 ext 164
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/steve-lukes
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