TYPE OF BUSINESS: This highly profitable Marketing and Consulting business has been servicing the Twin Cities for over twenty years. This business has two primary offerings. First, Intelligence Services is an ongoing relationship in which they monitor and report on market and competitive activity that interests their clients. For some clients, they also provide training and consulting to assist them in developing their internal capabilities. Intelligence Services are sold on a subscription model, with contracts typically running for one year. Second, Analysis Services are one-off projects typically lasting between six to ten weeks, with a report and presentation of findings as the primary deliverables. They specialize in healthcare, financial, and education services, but they work with companies in almost any industry where a fit exists between their capabilities and the customer needs.
The owner is involved with sales, account management, marketing, hiring and human resources, operations, administration, programs, and project fulfillment. The owner would consider staying on staff part-time with a new owner.
Hours are Monday – Friday 8:00 a.m. to 5:00 p.m.
FACILITY: This business primarily operates from the owner’s home but has an “as-needed” office space in the metro area.
EMPLOYEES: The owner works the business about 40 hours per week with seven part-time 1099 contractors (self-employed). A part-time CFO manages QuickBooks, interacts with the bank and CPA firm, and manages invoicing. Other contractors are brought on for specific projects as needed.
GROSS SALES: 2024 sales were approximately $616,471, with a cash flow of approximately $228,535 (per 2024 profit and loss statement). 2023 sales were $661,894, with a cash flow of approximately $249,500 (per tax return). 2022 sales were $666,725, and the cash flow was approximately $237,100 (per tax return).
SALES PRICE: The seller is asking $525,000 for the business, which includes furniture, fixtures, and equipment valued at about $2,440 .
REASON FOR SALE: Retirement.