Summary
Brisbane based digital marketing agency, selling websites, SEO, Google Ads & maintenance. 604k in revenue last year, with consistent recurring reveneue (retainers) of about 500k. WFH team.
Revenue
$604,000 pa
Rent
$0 pa
Expenses
$384,000 pa
Net Profit
$220,000 pa
Potential
Great opportunity for a growing and dynamic industry. The industry has grown at an annual rate of 7.4% in recent years.
Skills
Good communcation and client management skills are important. A marketing or business background would be helpful.
Hours
Business is in orperation from Monday to Friday.
Lease
There is no lease. It is a WFH model.
Reason for Sale
Owner has a young family with multiple business interests and is being pulled in too many directions (!)
About the Business
Established for over a decade, this digital marketing agency has a strong reputation for delivering outstanding service.
The business has a loyal and experienced team that has looked after literally hundreds of clients over the years. Current client retention rate is 80% each year, and there are dozens of positive online reviews.
The business recorded annual revenue of 604k in 2023/4. This is expected to increase moderately in 2024/5. The key to the business' ongoing success is is monthly recurring revenue, which typically equates to about 80% of overall revenue.
The business could work well as either a 'walk-in-walk-out' arrangement or a 'bolt-on' opportunity with another agency, knowing that it can be easily relocated.
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