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Award-Winning Full Service Ad Agency
Location Hawaii,United States
Asking Price Range $250K - $500K
Gross Revenues $852135
Net Profit / Cash Flow $108633
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1984
Number of Employees 4 - 5
Inventory 25000-30000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Company Management Will Train The Buyer(s) For ...
Reason for Sale Inability Of President/creative Director To Co ...
Description This Company is a ''full service'' advertising agency. Over the past 21 years, it has evolved into a highly professional and creative agency producing some of the finest advertising, marketing and publicity campaigns in the state. It has won numerous awards, including best video production, package design, display advertising, and new publication design. A few years ago, it was rated one of the 50 fastest growing small businesses in Hawaii. The Company has a reputation for integrity and for providing excellent value at a reasonable price. After the Owner, who was responsible for new accounts, became ill several years ago, revenues began to decline. Under the direction of an enthusiastic, motivated, full time working new owner with strong sales / marketing / P.R. / advertising skills, the Company would be expected to regain its former level of profitability. This ad agency has a strong foundation, with no ongoing capital investment requirements and no outstanding debt. Since the Seller has already slashed expenses, a new owner could take advantage of a ''bare bones'' approach, choosing when and how to grow, without the burden of high extra overhead. In addition to having an outstanding reputation, many long-term clients, substantial repeat business, and strong relationships with top-notch skilled independent contractors, a major plus is that the ''key'' employee (who completely handles the back office part of the business), is willing to remain--enabling a new owner to focus on generating new accounts. This Company has tremendous growth opportunities, and the very favorable economic trends in Hawaii support expansion. Another plus is that a new owner can relocate to another area of Maui, if desired. This business is a real opportunity for a Buyer who is knowledgeable in advertising and sales, and who is enthusiastic about launching a powerful marketing program to take this solid 21-year old Maui ad agency to the next level of profitability.
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