For sale is a young, fast-growing data collection firm located in Toronto with capabilities of completing projects all over the world. Some of the company’s services include focus groups, central location testing, in-person intercepts, telephone interviewing, and online surveys. The business also has a unique service that is currently not being offered by the competition, and it is constantly adding new services to its line. The firm already has $1,000,000 in pre-booked revenue for 2016. It is staffed with a team of competent and well-trained staff that is experienced in the industry. Earnings for FYE 2015 are on track to surpass $1,000,000. The company’s clients include the top three biggest market research firms in the world. Clients tend to be very loyal with their data collection suppliers. Word-of-mouth referrals contribute significantly to the acquisition of new clients and contracts.
This is an ideal opportunity for another data collection or market research firm looking to expand its customer base and range of offerings. Individuals who have a good understanding of business and recognize the importance and value of consumer insight in today’s world may also be interested in such an opportunity.
The business is managed by two partners, both of whom are open to maintaining a minority shareholder position. In addition, one partner is willing to stay on in an extended handover as an employee under the new ownership.
Asking Price: $2,250,000
Revenue (2015*): $3,079,000
Seller’s Discretionary Earnings (2015*): $1,016,000
Furniture, Fixtures & Equipment: $98,000
Year established: 2013
Location: Toronto
Employees: 10 F/T + 150 P/T
Size of Premises: 2,700 sq. ft.
* based on a projected estimate
For more information please contact:
Alex Shteriev, MBA, CBI
Beacon Corporation, Brokerage
alex@beaconbrokerage.ca
416-228-1200 ext. 212