Full-Service Creative Advertising Agency in Oklahoma
For Sale in Tulsa, OK
Financial & Assets Details
About the Business
Business Description
Tulsa, Oklahoma-based agency that provides full, cutting-edge advertising and marketing with a strong digital foundation and international market growth potential. Well-diversified client sector base with niche experience in brand development for tourism and geographical entities.
Current markets
· The agency serves a primarily national client base in both private and public sectors with specialization in tourism, economic development, entertainment, arts, culture and lodging.
Potential market
· Barely tapped international market, amazing growth potential with strategic financial investment.
Growth & Expansion
Opportunities
· Invest in building an internal video production team
· Further expand market outreach on international and national level
· Concept for trade show booth available to market
· Already established proprietary group booking platform available to market
· Grow Denver, Colorado satellite office
· Continued refinement of media buying strategies to maximize efficiencies
Market Competition:
Key aspects
· Operating for nearly 15 years
· Revenue grew 26.5% compounded annually from 2014-2017
· Established national outreach and positioned for further international market potential
· Highly experienced and dedicated talent within the team
· Client sector base includes financial, retail, telecom, entertainment, education, industrial and government
· Specialized and under served niche markets of communities and tourism
· Enjoys high repeat business and long-term customer base
Location Details:
Real estate
· The company leases property from a related third party which includes a 6,617 square foot, two-story recently renovated building and a 13,020 covered parking space. The property can be included in the deal or leased at a negotiable market rate.
Headquartered
· Tulsa, Oklahoma
Reason for Selling:
Shareholder/owner objectives
· Four owners with equal ownership seeking either a strategic partner offering financial assistance to grow the company in the market or an exit from the business altogether with the right offer. All owners will stay on to insure a good transition with varied exit times post-sale.