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Listed by:

The Firm

Sixty Plus Creative Professionals In Sofia For Sale

Bulgaria
Asking Price:
$1,525,000 (USD)
Sales Revenue:
$2,662,000 (USD)
Cash Flow:
$433,229 (USD)

This Firm has 63 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-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.

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.

Property Information

Real Estate:

Real Property Included

Location:

Sofia, Bulgaria

Premises Details:

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

Size in square feet:
5,000

Business Operation

Expansion Potential:

Expand virtual reality offerings and have a satellite office in America

Reasons for selling:

Retirement

Employees:
64
Years established:
1995

Other Information

Support & training:

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

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $1,525,000 USD
20% Buyer Down Payment: $305,000
20% Seller Financing: $305,000
60% Bank Loan: $915,000

A 20% down payment of $305,000 returns $253,230 in the first year after debt payments!

Furniture / Fixtures value:
$75,000 (USD)
Related Documents:

Listed by

The Firm

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