Profitable And Longstanding Media And Advertising Agency

Business Overview:

Situated in the Triad of North Carolina, this advertising agency covers the whole spectrum of web design, video production, and media placements. The company utilizes a small staff and leverages the use of subcontractors for work which gives it great flexibility to service client needs. Much of this staff has been working with the company for years. Most sales over the last several years have been inbound and upselling to existing clients which gives the new owner tremendous potential to capitalize on the growing Triad/Triangle markets with a focus on new sales. The business has also placed a recent focus on growing monthly recurring packages, which is projected to be up 50% from 2023's numbers. This company has been in business for over 30 years and is in prime position for a business to absorb its book of business, best practices, and team talent or for a first-time business buyer to take the sales helm and drive revenue to fully utilize the company's existing capacity.

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Market Competition and Expansion:

Business is located in the Triad area and covers a range of services not offered by many other local companies. The business is currently spending more efforts building up its subscription social media and marketing offerings to increase its recurring revenue which is where the owner continues to spend more time investing. With little to no new sales being pursued, this is a great opportunity for someone with more hunger for growth to really expand in this rapidly growing area.

Reason for Selling:

Seller is retiring

Additional Details:

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