Listing ID: 73818
Branding and Marketing company established for 25+ years in Columbus, OH. Provides branding and general marketing services to clients in a rapidly expanding customer base. Talented, long-term employees have led this company to become a leader in their market.
Current Owner has developed impressive client list and continued to grow the business through referral and reputation in the marketplace. A motivated Buyer could use additional networking and marketing efforts to increase outreach to potential clients. Incredible potential to increase sales and resulting cash flow with added sales efforts.
Owner is looking to retire and is willing to help transition the business to a Buyer. Great opportunity to increase sales/marketing efforts and further build the on the momentum and growth that the Owner has developed.
Business is approved for SBA loan.
Reply to Mike@Hedge-financial.com if interested.
- Asking Price: $2,500,000
- Cash Flow: $900,000
- Gross Revenue: $2,650,000
- EBITDA: N/A
- FF&E: $50,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:14
- Furniture, Fixtures and Equipment:N/A
Seller will transition with Buyer
The company has 14 employees and is situated in a building with approx. square footage of N/A sq ft.
The real estate is leased by the business for $4,700 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. However, the real factor vs the one they say to you might be 2 entirely different things. As an example, they might say "I have way too many various obligations" or "I am retiring". For many sellers, these factors are valid. However, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competitors, recent reduction in profits, or a variety of various other reasons. This is why it is really vital that you not depend totally on a vendor's word, but rather, utilize the vendor's answer along with your overall due diligence. This will paint an extra realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies take out loans in order to cover points like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that earnings margins are too tight. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location draw in new consumers? Often times, operating businesses have repeat consumers, which form the core of their day-to-day profits. Specific elements such as brand-new competitors sprouting up around the area, roadway construction, and also staff turn over can impact repeat clients and negatively affect future revenues. One essential point to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business often, the better the chance to build a returning client base. A last idea is the general area demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? Just how might the regional mean household income influence future income prospects?