business for sale
 Log In   |   Register   |   Member's Menu

Advertising Agency

 - Cincinnati, Ohio - 

Business For Sale

BUY A BUSINESS
SELL YOUR BUSINESS
FIND A BUSINESS BROKER
  BUSINESS FOR SALE DETAIL INFORMATION   Back to Results
Broker Contact Information
Request More Information on This Listing 
* First name:
 
* Last name:
 
* E-mail:
 
* Phone #:
 
Message:  
Advertising Agency
Listing ID:  21092
Asking Price: $925,000 Status: Active
Business Type: Tech and Media  /  Tech and Media - Others Reference #: S-2092
Business Location: Cincinnati, Ohio Broker Coop: No
Annual Income Information
Labor Information
Gross Sales: $2,580,000 Full-Time Employee: 8
Cash Flow: $540,000 Part-Time Employee:
Business Detail Information
Lease Information
Form of Ownership: Limited Liability Company (LLC) Leased SqFt: 4,300 SF
Year Established: 1992 Rent /Month (Include NNN): $6,500
Accounting Info(years): 2009 Lease Exp.Date: 2012
Franchise: No Original Lease (# of yrs):
Liquor License: No Lease Left (# of yrs):
Seating Available(#): Lease Option (# of yrs):
Parking Space(#): Lease Renewable: Yes
Hours of Operation: Lease Transferable: Yes
Reason For Sale: Retirement Rent Increase:
Seller Training Available: Yes   (up to 2 years)
Price Description
Financial Information
Real Estate Included: No Seller Cash Out: No
Real Estate Value: Seller Financing Available: Yes
Fixture & Equipment Included: Yes Seller Financing Amount: $400,000
Fixture & Equipment Value: $200,000 Seller Financing Term(years):
Inventory Included: Annual Interest Rate:
Inventory Value: Min. Down Requested: $525,000
Business Listing Info Link:   http://www.keatepartners.com
 
Business Description
The business offered for sale is a full service advertising agency. In recent years the company has specialized in providing its services to non-profit organizations throughout the U.S. The repetitive nature of these services has allowed it to develop a standard model that it slightly modifies to meet a particular customer’s needs. By utilizing this basic model the company has been able to deliver results at a lower cost.

The company provides an integrated “one stop” solution that their customers love and competitors find nearly impossible to match.

The owner desires to retire sometime in the next few years. Understanding that a smooth transition is a benefit to their customers, and correspondingly to both the purchaser and seller, the owner is prepared to remain in the business for up to two years.

The company already has customer commitments for over $2,000,000 for 2011.

Likely Acquirers:

• Another advertising agency that can fold this company into theirs, obtaining this company’s very profitable niche expertise and customer base even before benefitting from elimination of duplicate overhead.

• A printing company that can utilize the expertise this company has in quick and efficient turnaround in design-to-print knowledge that it could offer to its customers, along with potentially bringing in a portion of the significant outsourcing of printing this company does. Add to that the very profitable advertising niche this company dominants, likely elimination of some duplicate overhead, makes this a highly attractive acquisition.

PURCHASE PRICE:

The business is offered at $925,000 (firm) free and clear of debt. The seller will consider some financing.

2010 Revenues = $2,580,000 EBDIT = $540,000
2009 Revenues = $2,248,000 EBDIT = $500,000
2008 Revenues = $2,894,000 EBDIT = $621,000

Two owners also take a combined salary of over $350,000 (over and above the EBDIT).


BusiMarket.com does not support or endorse the accuracy or reliability of any information above.


Home - business for sale | Site Map HTML | Site Map XML 1 2 3 | Blog | Terms & Conditions | Privacy Policy | Contact Us
© Copyright, BusiMarket.com - business for sale, QC 3000, INC. 1999-2011, All rights Reserved.

This listing has been viewed 302 times.
  

BUSINESS FOR SALE