Business Description
(SBA Eligible) The company for sale is a remote full-service research organization with over 30 years of experience. It offers Qualitative Research, Quantitative Research, Multivariate Statistical Modeling, Economic Analysis, and Artificial Intelligence methodologies to longstanding and new clients. The company combines big agency talent with a personal touch, providing customers with the best of both worlds – and enjoys 50% net margins for the work.
Specifically, their work spans from guiding positioning and branding, to conducting customer evaluations, needs assessments, competitor analysis, brand evaluations, and brand tracking. They also excel in advertising studies, customer experience research, and statistically driven analyses such as market size, pricing, satisfaction, and segmentation, covering a broad spectrum of industries.
The company’s growth strategy is built on strong relationships, as it works with individual companies and agencies, and partners with another marketing firm on many projects annually. The company services a diverse client base, including restaurants, healthcare, financial, and insurance companies, both large and small. Projects typically range from $10k to $300k, and they rarely accept projects less than $10k. There is a sales channel partnership that accounts for about 40% of the revenue.
The virtual team includes one W2 employee and nearly 50 domestic and international contractors. The seller is open to leaving the company entirely or working part-time.
2020 | 2021 | 2022 | 2023 | |
Revenue | $864,504 | $1,345,794 | $1,418,267 | $1,296,067 |
Earnings | $418,919 | $658,770 | $614,078 | $700,605 |