Profitable and Longstanding Media and Advertising Agency

(oJ6J7AsSak_8bICqRczlC)large-shutterstock_81667444-1-jpg.jpg
Contact Broker
Mail Print Save

Service Businesses Companies for Sale

  • Primary Category: Other Service Businesses for Sale

Situated in the Triad of North Carolina, this advertising agency covers the whole spectrum of web design, video production, and media placements. The company utilizes a small staff and leverages the use of subcontractors for work which gives it great flexibility to service client needs. Much of this staff has been working with the company for years. Most sales over the last several years have been inbound and upselling to existing clients which gives the new owner tremendous potential to capitalize on the growing Triad/Triangle markets with a focus on new sales.

The business has also placed a recent focus on growing monthly recurring packages, which is projected to be up 50% from 2023's numbers. This company has been in business for over 30 years and is in prime position for a business to absorb its book of business, best practices, and team talent or for a first-time business buyer to take the sales helm and drive revenue to fully utilize the company's existing capacity.

Financial Information

  • $400,000 Asking Price
  • $170,000 Cash Flow
  • $520,000 Gross Revenue
  • N/A Down Payment
  • Yes Financing

Business Location

  • City: Triad Area
  • State: North Carolina

Reason for Sale

  • Seller is retiring

Detailed information

  • Year Established: 1998
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 1
  • Part-Time Employees: 2
  • Contractors: 6
  • Owner Worked Hours/w: 35
  • Adjusted EBITDA: N/A
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: $2,100
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $100,000

Training/Support

  • Seller is willing to stay on in a transitionary type role or continue on in as an FTE for up to 1 year.

Market Outlook/Competition

  • Business is located in the Triad area and covers a range of services not offered by many other local companies. The business is currently spending more efforts building up its subscription social media and marketing offerings to increase its recurring revenue which is where the owner continues to spend more time investing. With little to no new sales being pursued, this is a great opportunity for someone with more hunger for growth to really expand in this rapidly growing area.
Business Listed by
image of Adam Ezell
Adam Ezell
Sunbelt of Durham
Email Adam
Show Phone Number
Listing ID
DURHANC001-54883

Contact Business Broker

"*" indicates required fields

Name*
Newsletter
This field is for validation purposes and should be left unchanged.

Similar Businesses for Sale

Image of Under Contract - Highly Profitable Commercial Cleaning Company for Sale in the Triangle Area Save

Under Contract - Highly Profitable Commercial Cleaning Company for Sale in the Triangle Area

 Triangle Area, North Carolina

Commercial and post-construction cleaning company for sale with high profits with over 15 years in business. Owner has operated as...

$1.600m Gross Revenue
$430k Cash Flow
Asking Price $1.100m
View Listing Save