Eastern European PR and Creative Agency

Sofia, Bulgaria

Asking Price: Annual Revenue:
$1,200,000 $2,173,000

Services: Advertising & Marketing

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RE: Eastern European PR and Creative Agency Broker: Cortney Sells
Owner Financing is Available!
Funding Example Purchase Price: $1,200,000 USD 20% Buyer Down Payment: $240,000 20% Seller Financing: $240,000 60% Bank Loan: $720,000 A 20% down payment of $240,000 returns $144,939 in the first year after debt payments!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,173,000
Net Profit: Not Disclosed
Cash Flow: $525,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 64
BBN Listing #: 706334398
Broker Reference #: ADV022

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Business Overview:

Located in Sofia, Bulgaria, this top internationally recognized media management and marketing agency earns $2MM (BGN) in gross revenue and $525,000 (BGN) in cash flow. Working for worldwide companies, the client base is well-diversified with 70% international clients and 30% regional clients. The highly-regarded team provides top to bottom media communications services including advising, training and education, graphic design, as well as crisis management. This Firm has 63 employees (38 Full Time and 25 Part Time) making it turnkey and set up for an incoming buyer to take over. The Seller, currently operating in an oversight capacity, is also willing to remain on as GM (if desired) for 3 years post-sale. This would ensure a smooth transition for not only clients but staff as well.

Completing over 5,000 projects in the past two decades, strategic creativity abounds amongst this team of seventy-five. Specialists in crisis management, public affairs, and public relations work directly with clients to manage their brand through multi-faceted communication channels including social media sites, web site development, television, public appearances, media interaction, and radio. This well-trained and educated team run day-to-day operations effectively while the owner is meeting with clients both in and out of the country and no billable hours. Though a new owner would not need to travel, the team frequently travels locally, regionally, and internationally.

Full-equipped with beautiful furniture and fixtures, as well as cutting edge professional tools, the building is owned by the seller and is available for continued lease.

Financial Overview
List Price: $1,200,000 USD
Gross Sales BGN
2018: $2,173,000
Owner Profit/Cash Flow BGN
2018: $525,000
Owner Profit/Cash Flow USD
2018: $304,198
Valuation: 2018 Cash Flow x Multiple = Price
BGN: $525,000 x 4 = $2,100,000
USD: $304,198 x 4 = $1,216,792

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Property Features and Assets:

Building: ~5,000 square feet (550 square meters) Beautiful office including reception, conference rooms, kitchenette, private offices, open workspaces.

Market Competition and Expansion:

Clients: Very diversified client base: Local and regional (30%), international clients (70%) Services: Full-service marketing, social, media management, crisis management, graphics Growth Opportunities: Expand virtual reality offerings and have a satellite office in America

Reason for Selling:

Exit strategy planning.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.

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