Listing ID: 71326
Own one of Manhattan’s most THRIVING brand agencies. OVER $1 MILLION NET PROFITS AND SO MUCH MORE. HAS PROVEN TO BE A COVID PROOF BUSINESS. Comes complete and ready to rock and roll.. with tons of strong revenue and customer base. Perfect for a new individual owner or as a strategic add-on to any existing digital marketing agency.
This is a strategic and creative brand consultancy company that delivers vision-to-venture products for brand and business growth in the areas of strategy, design, brand extension, and consumer experience.
They partner with brand owners, investors and operators to maximize brand value and create brand experiences that resonate and connect deeply with customers.
Through their unique process, they help brands clarify their reason for being and flourish in a complex marketplace.
Get the offering memorandum today and as a first step let’s set up a call with the seller asap. Seller prefers to discuss all financials and operational details with prospective buyers and can answer any and all questions you have.
The business also has a very professional comptroller available to answer all further financial questions, run reports etc.
Fill out the “Contact Form” button NOW to request an NDA and receive the full offering memorandum for more info.
- Asking Price: $9,999,000
- Cash Flow: $1,166,217
- Gross Revenue: $3,000,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $45,000
- Inventory Included: Yes
- Established: 1980
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:12
- Furniture, Fixtures and Equipment:N/A
Yes -- time negotiable. Whatever it takes to teach the new owners the methodology and the process.
No competition because no one does what they do (example: combining companies, research futures).
Big brands are losing value and new brands, and emerging innovations are changing how people view new companies in a digital world and physical. On the cusp of a changing marketing base. New projects include: - Incubate new company. - Understand product and the unique wealth of Knowledge. - Changing the face of the market. With fresh capital, the new owner could hire more talented people and grow.
The venture was founded in 1980, making the business 42 years old.
The deal shall include inventory valued at $45,000, which is included in the requested price.
The company has 12 employees and resides in a building with approx. square footage of N/A sq ft.
The real estate is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. However, the genuine reason vs the one they say to you may be 2 entirely different things. As an example, they may claim "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competition, current reduction in earnings, or a range of other factors. This is why it is very vital that you not rely entirely on a vendor's word, but rather, use the seller's answer combined with your general due diligence. This will repaint a much more realistic picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover things such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that earnings margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or might result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area bring in brand-new consumers? Often times, companies have repeat consumers, which form the core of their day-to-day profits. Certain factors such as new competition growing up around the area, roadway building, and also staff turnover can affect repeat customers and negatively influence future incomes. One essential thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the higher the opportunity to build a returning client base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood average household earnings influence future earnings prospects?