Business Overview:
The Company specializes in the recruitment and facilitation of Focus Groups for marketing surveys on behalf of Fortune 1000 and other companies, advertising agencies, market research firms, et.al.
It operates from an attractive and highly functional facility in a well-located downtown office building. It has been selected One of the World's Best Facilities by the prestigious trade publication Impulse in its Survey of Focus Facilities. The business was established by the current principal in 2003. Sales were $956,000 for the fiscal year ending December 2009, with total owner cash flow of $275,000, comprised of adjusted net income plus owner compensation, benefits and non-recurring charges. They are on track to equal or exceed 2009 based upon results through June 30, 2010 of $452,232 and $135,879, respectively.
The account base is comprised of 75% repeat clients and 25% new business generated mostly through referrals.
This is an excellent opportunity for a company in the same or related business to expand its base in the Greater NY Metropolitan Area. This firm is not dependent on the current owner and could be easily integrated into an existing facilitator, marketing research company or ad agency. The resulting additional location could significantly increase bottom line profits. Alternatively, this is an attractive situation for an individual familiar with the marketing or advertising industries to purchase his or her own business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Excellent facility. Selected as "One of the World's Best Facilities" by the trade publication, "Impulse" in its focus facilities survey.
Market Competition and Expansion:
Stable and transferable customer base. Extensive proprietary database. Excellent reputation and industry recognition.
Strong expansion opportunities. This is an excellent opportunity for a company in the same or related business to expand its base in the Greater NY Metropolitan Area. This firm is not dependent on the current owner and could be easily integrated into an existing facilitator, marketing research company or ad agency. The resulting additional location could significantly increase bottom line profits. Alternatively, this is an attractive situation for an individual familiar with the marketing or advertising industries to purchase his or her own business.
Reason for Selling:
Pursuing a new business endeavor.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: