Established Indoor Advertising Franchise

Business Overview:

Almost ten years old, this Indoor Advertising business is well established in the marketplace. The current owners operate the business very part-time. They are looking to focus on other ventures, so they would like to find a new owner to take the business to the next level.

The primary focus is the selling of ads which are then displayed on boards across various locations, i.e., bars, restaurants, retail businesses, family entertainment venues, etc. The business currently contracts with someone outside of the business to design the ad for their customers. Because the business has largely been run part-time, this business has excellent growth potential. In addition, the business has two additional communities outside of Sioux Falls that is part of their franchise territory, so this adds nicely to growth opportunities.
Currently, the business is owner operated, but a new owner can choose to add employees/salespeople as business demands.

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Property Features and Assets:

The business is currently run from an office that's shared with other business endeavor. A new owner can choose to do something similar, or run it from their home. Business has plenty of boards on-hand to grow the business; they are all in good condition and no additional investment for boards or other assets should be needed in the short-term. Total Assets: $20,000

Market Competition and Expansion:

Because of the unique nature of this service, there's minimal direct competition. Some in-direct competition exists, but this service is unique enough and tends to get their share of customers. Business has been in the marketplace for almost ten years, so good name recognition and growth opportunities. The largest growth opportunity is simply a new owner that has the drive and focus to ramp up the sales process and grow the customer base. In addition, being creative as to what industries and businesses to target and taking advantage of the large territory the business has will be key.

Reason for Selling:

Time to focus on other holdings.

Additional Details:

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