New Jersey Market Research Agency

New Jersey, NJ

Asking Price: Annual Revenue:
$850,000 $785,240

Services: Advertising & Marketing

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RE: New Jersey Market Research Agency Broker: Charles Mizejewski
Owner Financing is Available!

Quick Facts

Asking Price: $850,000
Annual Revenue: $785,240
Net Profit: Not Disclosed
Cash Flow: $378,012
Total Debt: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 721338737
Broker Reference #: LINDENJ001-N766

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Business Overview:

This is a leanly run market research agency with great margins. The company specializes in providing research operations for online surveys. The majority of their client engagements revolve around sample procurements, survey programming, and online survey field management. It is made up of a small team that operates 100% remotely, so there is no office and very little overhead. Due to this structure, the company can easily be absorbed by a buyer and current client work can be seamlessly incorporated into the buyer’s current processes. The company’s end clients include many of the fortune 100 companies and projects often revolve around the most pressing and relevant topics of the time. Of the work, 95% is carried out in-house by the small team. A buyer with a larger team has a great opportunity to grow the business as the company’s main obstacle to expansion has been their capacity to take on more work. In the previous 12 months, the company has procured more than 160,000 respondents for their customers. They do not operate their own panel, so all participants have been sourced using DIY panel platforms and their network of panel partners. The seller is one of the heaviest users of some of the most well-known DIY sampling tools on the market and their process for leveraging these DIY panels can be used by the buyer to improve their margins. Likewise, a buyer with their own research panel will be able to improve the sample bottom line. We are not just a sample company, so all of our sample engagements are part of a larger project that also involves survey programming and field management. On average, we do about 3-5 projects a month as a small team. The owners are selling because they developed a software product that they want to pursue full-time. Upon purchase, the owners will work as a seamless part of the buyer’s team to ensure a smooth transition of historical knowledge and proprietary processes around bidding, programming, sampling, and fielding

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Reason for Selling:

Pursue new Business Interests

Additional Details:

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

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