New Business For Sale: 18 year old Marketing Agency (public sector focus)

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September 02, 2020 by Steve Lukes

Steve Lukes just launched a new listing: 18 year old Marketing Agency (public sector focus)

18 year old Marketing Agency (public sector focus)
Asking: $3,200,000 • Gross: $1,464,531 • Net: $794,714

An 18 year old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, website development, and print and digital media. The company is operated in a virtual environment servicing their public sector clients.

  • Fiscal calendar is May 1st to April 30th
  • Currently performing well in their current fiscal with year with 1.2M in contracts closed, with 72% being repeat or referral customers
  • Another 495K in contract value currently has a 95% chance of closing in this current fiscal year
  • 95% of client base is repeating or referral business
  • Current owner spends about 60% of their work week time on this business
  • Owner has outlined in an available CIM 5 trends in this space that present growth opportunities 
  • The owner operates in a traditional management role, she does not perform the services
  • Loyal and well-trained staff that is contract worker based on an hourly rate, most have been with the company for years
  • The owner is co-founder in another company that operates in an adjacent space and she would like to focus her time there after the transition 

Customer Base: Federal, State and Local Governments; State Governors’ Councils on Workforce & Economic Development; State Workforce Development Boards; Local Workforce Development Boards; K-12; Community Colleges; Adult Education Providers; Economic Development Organizations; City & County Governments; Chambers of Commerce; Industry Associations.

Please contact Steve Lukes, M&A Advisor, 310-871-2909 or slukes@bizex.net

Steve Lukes
Email: slukes@bizex.net
Office: (310) 882-2200 ext 164
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/steve-lukes

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Broker Information



Steve Lukes

4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334

Contact
Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations