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Survey / Consulting Co. - W / Huge Growth Potential
Location: United States -> Texas
Industry: Business Services > Other Services




Business Summary

This is the business you've been looking for; you wanted a business with unlimited growth potential, a genuine seller ready to retire with no heir, a business with over 30 years of experience as an industry founder, a business that has leveled off due to a lack of active management just waiting to take off. This business is at that inflection point every buyer dreams of. The scale of this business model has been proven over and over with billion dollar giants like Momentive (formerly Survey Monkey which was just bought by Zendesk), Qualtircs, and hundreds between all ready to make this business a potential target for acquisition with the addition of a little modern management.

This company has been providing actionable customer and employee satisfaction survey's to Fortune 500 companies for over 30 years. In doing so, they have collect enormous amounts of valuable industry benchmarking data creating meaningful value for their clients. That data is then stored and compared to prior years making their customers very sticky.

Top line opportunities: The customers are large national and multinational accounts with tons of room to grow inside of their current customer base. There is a lot of low hanging fruit and with no outside sales people, the fruit is unpicked. Sales leads are put on an email marketing drip but no one is calling the leads and actively selling. Why hasn't the seller done this? Because hiring and training sales people would cut into the work life balance the owner has come to enjoy.

Bottom line opportunities: Their advertising is almost exclusively unmonitored/unmanaged PPC, their rent is much more than their needs, payroll is above market, etc... Why hasn't the seller done anything about this? Because a comfortable living income leaves the owner passive regarding cutting expenses.

We think the valuation is justified by the steady history, clear opportunity, actionable immediate cost savings, and low key man requirement.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,200,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  retirement

Photos

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Survey / Consulting Co. - W / Huge Growth Potential Photo 1




Print Listing Id: 700372746
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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