MergerPlace

Retail Consulting Firm

Utah


  • Asking Price: $4,000,000
  • Gross Income: $1,157,596
  • Cash Flow: $531,790
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #220612
  • Established: 2013
  • Employees: 6 FT / 15 PT

Business Description

This retail consulting company has changed the standard retail paradigm on the matching of retail brands with potential buyers. This company has created and now maintains the largest data base of buyers in the industry as well as a CRM that interacts with that data base to make the efforts of consultants more productive and transparent to clientele. This revolutionary new paradigm is generating average growth over the last 5 years of nearly 40% annually.


Business Details

Primary Business Category: Services - Other Services
Location: Utah

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT / 15 PT

Financial Information

Asking Price: $4,000,000
Gross Revenue: $1,157,596
Cash Flow: $531,790
FF&E: $25,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in a very nice 5,000 square foot office space in a Class A suburban office building. It was a custom build-out so it is very efficient operationally for the consultants.

Growth & expansion opportunities:

The current growth rate of roughly 40% annually can be further expedited with more promotional work and focused marketing efforts aimed at the thousands of retail brands/products looking for distribution. In addition, the use of the data base could be expanded; the current loyal client base could be utilized to provide expanded service in terms of product placement, advertising and other marketing efforts.

Competition:

There are many firms that label themselves as "retail consultants". However with the extensive data base and proprietary CRM program, this firm has changed the retail paradigm and set themselves apart from any other "competitors".

Reason for selling:

The owners have built this business up to the point of being self sustaining. They are now looking to sell to pursue other business opportunities.

Support & Training:

Will train for 6 weeks @ no cost The business owner has a very long and successful track record in the retail industry. But he has taken this vast experience and the relationships established over that time and completed this huge data base of retail buyers along with an efficient means to match buyers with brands and built a very successful company on that business model. There are no special licenses required to operate this business. A familiarity with the retail industry is helpful but not required. The ownership group is open to a longer term consulting relationship to assist a new owner in becoming very comfortable with the data base and the business model.

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers