Asking Price: $1,549,995
Cash Flow: $128,596
Perfect Opportunity to Add to Existing Pipeline!
This digital marketing company began operations in the middle of 2017, generated revenue of $477k in 2018 (first full year) and did $1.3M in the last twelve months and will be over $1.5/1.6M for 2021. This is a compound annual growth rate of 60%, which is incredible and the growth continues. The business has developed a very good system to build the business and work with very high quality/large accounts on a recurring revenue model. As it stands, they are generating 4-10 new leads through their organic rankings and ad campaigns with one new client being locked in per week.
With the current structure, the company is heavily staffed in anticipation/ to continue its track record of rapid growth and the existing margins reflect this rapid growth phase. The asking price for the business slightly above 1X forecast revenue for the company. This is on the low end of the standard multiple of revenue for digital agencies; not typical of businesses with this type of growth. If focus were shifted from growth to stability/profitability; this business will create significant profits. This business/agency is also an ideally positioned for an ‘in industry’ player looking to grow through acquisition.
The owner and key employees are willing to stay on and continue to help operate for the foreseeable future if that fits the needs/plans of a buyer.
* This is a rapidly growing business and the displayed cash flow is an adjusted pro forma cash flow based on the current book of business being stabilized and/or incorporated into an existing digital marketing company.
Location: Denver, Colorado
Employees: 14 FT
Reason for Selling: Other business opportunities
For more information, please click on ‘Sign NDA & Get Buyers Prospectus’ above. Once the NDA is signed and completed, you will receive confidential information related towards this business.
Contact MJ Nuanes | Managing Broker, Principal
MJ brings a vast amount of knowledge into the small business sector of business brokerage. MJ grew up and was baptized in small business. He was a key asset while operating his family’s retail liquor stores, bars, and restaurants. MJ is a sixth generation Coloradan and a fourth generation small business owner.