This is an excellent opportunity to purchase a profitable and growing marketing firm with tremendous upside potential. The company provides a unique marketing product to businesses looking to maintain and grow their client base.
This is not a telemarketing or consulting company. The company provides a specific product and service to help businesses maintain and increase their book of business. This is a contract-based business and all clients sign contractual agreements to receive service over a period of time on a recurring basis. 85% of revenue is from repeat customers. Many of the customers have been doing business with the firm for over 10 years and 90% of customers renew the service each year. This has allowed the business to generate dependable revenue and profit growth.
In addition to offering a specialized and unique service, the company is a niche player within a specific industry group that has remained strong throughout recent economic conditions. This industry focus has allowed the business to sustain year-over-year sales growth of 12% and over 15% in annual cashflow growth for the last three years. Sales to-date in 2020 has remained comparable to 2019 performance.
Anyone with basic business and organizational skills along with the ability to interact with customers can successfully run and grow this business. This is a turn-key operation that is growing and making money every month.
The business would also provide an excellent acquisition opportunity for companies wanting to add an innovative marketing product to their existing offerings. If you currently own a company with underutilized employees, this could be an ideal add-on to your existing business. The current owner only works 30 hours per week while generating a relatively high level of income for the hours worked.
This business is prequalified for SBA financing to qualified buyers.
Summary of Key Benefits
* Sales and Profit Growth - Average annual sales growth in excess of 12% and
cashflow growth of over 15% per year for the last three years.
* Contract-Based Recurring Revenue – 85% of annual revenue is generated from
repeat customers. The company’s revenue is based on 12-month contracts with all
of its clients. As a result, revenue is generated each month automatically with no
additional sales efforts. Contracts renew automatically, which has resulted in a
90% annual renewal rate!
* Large Customer Base with Stable Long-Term Customers – The company has
contracts with 120 active customers. 55% of customers have been doing business
with the company for more than 5 years and 20% have been with the company 10
years or more.
* Low Customer Concentration – No clients represent more than 3% of total revenue!
* 30-hour work week - The owner currently works only 30 hours per week which will
allow ample time for a new owner to focus on sales growth activities.
* Relocatable - The business is currently home-based so it can be easily transferred to
* Low Working Capital Requirement - This business has no accounts receivables,
inventory or machinery. A buyer would not need to borrow significant additional
funds from their bank after the business is purchased.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.