Website & Digital Marketing Agency - 250 Clients

Not Disclosed, OH
Summit County

Kent


Asking Price: Annual Revenue:
$1,840,000 $1,140,000

Technology: Business Services (B2B)


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RE: Website & Digital Marketing Agency - 250 Clients Broker: Seller of Business
Owner Financing is Available!
Serious offers with a significant portion of purchase price as a down payment will be considered for owner financing

Quick Facts

Asking Price: $1,840,000
Annual Revenue: $1,140,000
Net Profit: Not Disclosed
Cash Flow: $333,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 10
BBN Listing #: 507558784
Broker Reference #: Not Disclosed

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Business Overview:

This company is the #1 marketing firm in a high-volume retail niche. They are one of the top 10 web development firms in this niche industry overall. They have developed custom proprietary marketing automation software for this retail niche, as well as social media and live chat platforms. Aside from this niche, where they have over 100 additional clients and over 200 total accounts, they are very strong in the home improvement, building and construction trades. They have developed dozens of sites and programs for the kitchen, cabinetry, roofing, exteriors and custom home building fields. The sweet spot for this company is small and medium sized businesses, 60-70% of these companies are too small to be on the target lists of large marketing firms. These companies usually lack the knowledge to effectively manage their own marketing. This company’s renewal rate with their customers is over 80%. Since they do not follow the traditional agency model of “billable” hours, their clients renew at the same rate each year and that creates predictable recurring revenue. The trend is that the clients they retain add more services with time and confidence. The sales growth for the past three years was the following: 2017 – 357%, 2018 – 249% and 2019 estimated is 147%

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Property Features and Assets:

Business is located in an office building owned by the business owners. It can be purchased at an additional cost or leased. Business can also be moved.

Market Competition and Expansion:

Has grown by 100% - 250% each year for 3 years

Reason for Selling:

Owners want freedom to pursue other opportunities

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.

Relevant Links:

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