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Listing ID: 3014250

Creative & Media Agency in Bulgaria with 70% International Clients For Sale

Bulgaria

$ 1,150,000

Revenue: $ 1,258,900

Cash Flow: $ 304,198

Business Description

Located in Sofia, Bulgaria, this top internationally recognized media management and marketing agency earns $2MM (BGN) in gross revenue and $525,000 (BGN) in cash flow. Working for worldwide companies, the client base is well-diversified with 70% international clients and 30% regional clients. The highly-regarded team provides top to bottom media communications services including advising, training and education, graphic design, as well as crisis management. This Firm has 63 employees (38 FT and 25 PT) making it turnkey and set up for an incoming buyer to take over. The Seller, currently operating in an oversight capacity, is also willing to remain on as GM (if desired) for 3 years post-sale. This would ensure a smooth transition for not only clients but staff as well.

Completing over 5,000 projects in the past two decades, strategic creativity abounds amongst this team of seventy-five. Specialists in crisis management, public affairs, and public relations work directly with clients to manage their brand through multi-faceted communication channels including social media sites, web site development, television, public appearances, media interaction, and radio. This well-trained and educated team run day-to-day operations effectively while the owner is meeting with clients both in and out of the country and no billable hours. Though a new owner would not need to travel, the team frequently travels locally, regionally, and internationally.

Full-equipped with beautiful furniture and fixtures, as well as cutting edge professional tools, the building is owned by the seller and is available for continued lease.

Property Details

Years Established:

1995

FF&E:

$ 85,500

Other Details

Premise Details:

~5,000 sq. ft. (550 sq. m.) Beautiful office including reception, conference rooms, kitchenette, private offices, open workspaces

Expansion Potential:

Expand virtual reality offerings

Operation Details

Employees:

63: Graphic designers, client relationships, media analysis, web services, admin., social media, editing, and outreach (38 FT, 25 PT)

Support & Training:

Seller will remain on as GM for 3 years, or as negotiated

Miscellaneous

Financing Available:

Yes
Purchase Price: $1,150,000 USD 20% Buyer Down Payment: $230,000 20% Seller Financing: $230,000 60% Bank Loan: $690,000

Reason For Selling:

Exit Strategy Planning

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