Digital Creative Agency

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$442,000 $2,513,682

Services: Web Design, Internet Marketing

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RE: Digital Creative Agency Broker: Kevin Berson
License #: 01971034
Owner Financing is Available!
Up to $200,000

Quick Facts

Asking Price: $442,000
Annual Revenue: $2,513,682
Net Profit: Not Disclosed
Cash Flow: $279,126
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 15
BBN Listing #: 145044315
Broker Reference #: SEA469

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Business Overview:

This Creative Technology Agency was founded in 2012 and serves a Tier 1 Client list of Entertainment and Hospitality Clients, including four of the six major film studios, several medium-size studios and has recurring contracts with several of these clients. Company revenue has grown at a 20% Compound Annual Growth Rate (CAGR) between 2015-2018. The company has a $550,000 backlog of sold work heading into 2019 and is specifically pursuing $7.5M of other specifically-identified opportunities. The company won a prestigious Clio Award for its work on a 2018 campaign with a major studio. The owner interested in an extended transition period with buyer with the potential for full-time employment. Key employees are in place and plan on staying with buyer on permanent basis. This is an excellent fit for a creative agency serving Entertainment clients or seeking to further penetrate major studio accounts. This is a highly confidential matter and no information will be provided without a signed confidentiality agreement and profile form demonstrating the financial wherewithal to consummate a transaction. Please contact Kevin Berson or email us for more information.

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Property Features and Assets:

Sellers own property and will provide long term lease at fair market value. 2,439 square feet (owned) + ~700 square feet (Co-working space). The business currently pays $5.25 per square foot in rent, which is above market for the downtown area, as the median rent for Class A office space is currently $4.75/foot. The lease at the co-working space is a 1-year lease that expires end of September, 2019. The company pays $1,800 for the current space (desks for 14-15 employees) and has an option for larger private space to accommodate 14 employees for at $3,600 month. The owner intends to sell the property and relocate himself and the team to the co-working space or the buyer offices (assuming space is available.)

Reason for Selling:

Seller prefers to be an employee and no longer wan

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.

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