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*** SOLD ***
This PR Company is Humming
Listing: #17995
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About this Business for sale in Auckland City
This PR Company is HummingThe company is one with a difference! Ranked within the top 20 Consumer PR companies in Auckland this is worth looking at! It specialises in helping its clients in a particular field make a difference to their marketing plans, awareness of their products, and of course their bottom line! The owner saw a gap in the market to provide a quality pr/marketing service to companies who were passionate about their fields and using like-minded service providers for their businesses. Established eight years ago the owner now only spends about 15 hours a week in the business as they changed to started another company which is taking more of their time. The great thing is there is GM, who runs the day to day activities in the business, so transition into this business will be easy. This is a profitable business (the owner takes $60K wage for their part time role along with the profit of approximatley $120K+ ). It has a solid client base of well-known New Zealand and multi-national brands, but room for a new owner to add to this in many ways. Clients are based in Auckland and throughout NZ. The aim of the business is to gain publicity for their clients with key magazines, newspapers, bloggers and radio stations to ensure their clients get the maximum amount of coverage possible and in turn increase their sales. They are a boutique company with big ideas; the big ideas enhance their clients’ sales, PR exposure and of course their profit. This is an ideal business for someone already familiar with this sort of work who wants to have their own business to put their stamp on. There is certainly room to either continue the growth in the field they are in or diversify out into other types of clients. This is a profitable business with some costs that could be tightened by a new owner if desired. Investment $550K Call Laurel McCulloch 021 786 813
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.