Sofia Public Relations Firm

Not Disclosed, Bulgaria


Asking Price: Annual Revenue:
$1,968,000 $2,173,000

Services: Advertising & Marketing


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RE: Sofia Public Relations Firm Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,968,000 BGN 20% Buyer Down Payment: $393,600 20% Seller Financing: $393,600 60% Bank Loan: $1,180,800 A 20% down payment of $393,600 returns $263,815 in the first year after debt payments!

Quick Facts

Asking Price: $1,968,000
Annual Revenue: $2,173,000
Net Profit: Not Disclosed
Cash Flow: $525,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 63
BBN Listing #: 904534398
Broker Reference #: ADV022

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Business Overview:

Located in Sofia, Bulgaria, this 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 FT and 25 PT) 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. 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.

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Property Features and Assets:

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

Market Competition and Expansion:

Growth Opportunities: Expand virtual reality offerings.

Reason for Selling:

Divestment

Additional Details:

  • The property is leased.
  • 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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