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Creative Firm with Niche in Government and Public Engagement Campaigns for sale in Salt Lake City, UT

Salt Lake City, Utah (UT)

Asking Price: Gross: Cash Flow:
$ 7,970,000 $ 17,936,881 $ 3,666,631

Furniture and Fixtures Value:
$ 804,858 (included in the asking price)

Business Summary:
This company has several multi-year contracts with a number of state agencies and currently has $20M worth of projected revenue just in 2020! Established over 35 years ago, this full-service creative firm has a solid reputation in their market and substantial connections in the greater Salt Lake metro area. Their top five clients are spread evenly among healthcare, government and retail, with 60% of their total clients in the government sector. This company prides itself on not just selling products; they create relationships and meaningful connections with their clients to create stronger, healthier communities. The highly skilled team of 44 consists of 4 owners, 4 VPís, 3 Directors and 33 staff making up Account Planning/Management, Project Management, Media, Content and Creative Teams. Offering full creative, marketing, and advertising services across all media platforms, they also provide website creation, branding, public relations, public engagement, and professional development. Collaborating with clients and becoming a true partner is their passion; the reputation of the agency has elevated every year because of it. Sellers will consider rolling 15% equity for the right buyer.With a lot of their work on causes and behavior & social change, this firm stands out among peer companies who are into products, retail, and B2B services . There are considerable and diverse ways to increase revenue at this firm. Cultivating more projects in the untapped Nevada markets, leveraging an already solid reputation to build different vertical markets, and expanding the government client base would certainly lead to significant and meaningful growth.

 

   
Year Business was Established: 1984
   
Number of Employees: 40  
   
Facilities / Terms of Lease: 16,000 sq ft - 3 level office building  
   
Potential Growth/Expansion: Growth Opportunities: Cultivate more projects in the Vegas area, where there is a satellite office, leverage solid reputation to build client base in various sectors, expand on government and technology clients  
   
Owner willing to finance: 12.5% Seller Financing: $996875  
   
Owner willing to train: Majority Partner: 3 years; Minority Partners: 4-10 years  
   
Reason for selling: Eldest partner retiring, and industry consolidation  
   
Seller Reference Number: AMP015
BusinessMart.com Listing Number: 260578
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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