MergerPlace

Established Indoor Advertising Franchise

South Dakota (Minnehaha)


  • Asking Price: $79,000
  • Gross Income: $41,123
  • Cash Flow: $28,365
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,000
  • Listing ID: #210115
  • Established: 2010
  • Employees: 1 PT

Business Description

Almost ten years old, this Indoor Advertising business is well established in the marketplace. The current owners operate the business very part-time. They are looking to focus on other ventures, so they would like to find a new owner to take the business to the next level.
The primary focus is the selling of ads which are then displayed on boards across various locations, i.e., bars, restaurants, retail businesses, family entertainment venues, etc. The business currently contracts with someone outside of the business to design the ad for their customers. Because the business has largely been run part-time, this business has excellent growth potential. In addition, the business has two additional communities outside of Sioux Falls that is part of their franchise territory, so this adds nicely to growth opportunities.
Currently, the business is owner operated, but a new owner can choose to add employees/salespeople as business demands.


Business Details

Primary Business Category: Services - Business
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 2010
Home Based: Yes
Franchise: Yes
Relocatable: Yes
Number of Employees: 1 PT

Financial Information

Asking Price: $79,000
Gross Revenue: $41,123
Cash Flow: $28,365
FF&E: $10,000
Seller Financing Available: No

Property Information

Facilities:

The business is currently run from an office that's shared with other business endeavor. A new owner can choose to do something similar, or run it from their home.

Growth & expansion opportunities:

Business has been in the marketplace for almost ten years, so good name recognition and growth opportunities. The largest growth opportunity is simply a new owner that has the drive and focus to ramp up the sales process and grow the customer base. In addition, being creative as to what industries and businesses to target and taking advantage of the large territory the business has will be key.

Competition:

Because of the unique nature of this service, there's minimal direct competition. Some in-direct competition exists, but this service is unique enough and tends to get their share of customers.

Reason for selling:

Owner has several other businesses, looking to free up some time to focus on other holdings.

Support & Training:

Will train for 2 weeks @ $0 cost. Outside of the typical required State & Federal business licenses, no special licenses or skills are required.

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Business Listed By:

Rey Gonzales

Murphy Business Brokers