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This Firm has 64 employees (38 FT and 26 PT) making it turnkey and set up for an incoming buyer to take over. Silicon Valley of Eastern Europe – Sofia, Bulgaria. The owner is willing to remain as the general manager for 3+ years! They boast a very diverse client base, with 30% being local and regional, and 70% being international clients.
This top internationally recognized media management and marketing agency earns $2MM (BGN) in gross revenue and $784,000 (BGN) in cash flow. The highly regarded team provides top to bottom media communications services including advising, training and education, graphic design, as well as crisis management. 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-four. 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.
Fully 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.
Real Property Included
Sofia, Bulgaria
~5,000 sq. ft. (550 sq. m.) Beautiful office including reception, conference rooms, kitchenette, private offices, open workspaces
Expand virtual reality offerings and have a satellite office in America
Retirement
Seller will remain on as GM for 3 years, or as negotiated
Purchase Price: $1,450,000 USD
20% Buyer Down Payment $290,000
20% Seller Financing or Equity Roll $290,000
60% Bank Loan $870,000
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