This well-established company provides employers and financial institutions with the ability to prepare and file the full range of IRS information returns and annual wage reports documenting payments to recipients, as well as Social Security Administration (SSA) and Affordable Care Act (ACA) returns. It typically serves 1,900-2,000 customers annually, including Fortune 1000 and smaller corporations, colleges, and universities, and federal/state/municipal agencies.
Customers can distribute completed tax forms to recipients or have the company print and mail them to recipients or e-file them. If a proposed IRS policy is approved, by 2023 the number of companies that must e-file reports will dramatically increase—from those that file at least 250 reports to those filing at least 10, which has already attracted new customers in anticipation of this expanded compliance requirement.
The software provides many valuable features, including the ability to: validate taxpayer-identification numbers; flag errors prior to filing returns; quickly and easily correct errors after filing; file combined federal/state returns, and electronically file state wage reports. Because customers can purchase only the services they need, the company has a significant pricing advantage over competitors that bundle multiple services.
With virtually no advertising, growth has been driven primarily by repeat and referral patronage, reflecting the company’s robust software capabilities and stellar support, which has enabled many customers to avoid substantial interest and penalties. Since 2020, the company has acquired and gained many new customers because its previous vendors discontinued valuable services.
Because the company provides a compliance—vs. a discretionary—service, it is highly resistant to economic downturns. An accounting firm would be an ideal buyer, as it would greatly increase revenue derived from its existing clients while attracting new clients that appreciate the benefit of having a single company address both their tax preparation and filing needs.
This business has an accepted offer. Please view our other Tech Companies for sale.
Since its establishment, this business has registered consistent increases in the demand for the services it offers the SMB community, which include web/email hosting, cloud computing, network security, VOIP solutions, hardware installations, data storage, and consulting.
A highly capable technical support staff resolves customers’ issues through both remote and on-site assistance. Technical support personnel also conduct regular visits to clients unrelated to troubleshooting problems, which reinforces clients’ perception of the company as their in-house IT department.
Clients seek the senior engineers’ and owner’s advice on initiatives to maximize their ROI in technology. The company’s preeminent service quality has been instrumental in maintaining an extremely high client retention rate. Recurring revenues from monthly SaaS, cloud, and cybersecurity training agreements, as well as annual agreements for renewals of subscriptions and warranties, account for over 75% of total revenues.
Businesses today are highly vulnerable to and keenly aware of the risks inherent in their ever-increasing reliance on technology. Hardly a week goes by without reports of businesses of all sizes facing ransomware demands that paralyze their operations and expose both their and their customers’ data to theft, causing them to incur extraordinary remediation costs.
The optimal buyer would be a company that provides professional services to businesses, such as an insurance company, CPA firm, or law firm. Acquisition of this company would strengthen the buyer’s internal IT posture while adding a new profit center generating a strong recurring revenue stream. The buyer’s clients would benefit from having their utilization of computer technology managed more efficiently and with greater protection from the financial and reputational risks stemming from cybersecurity crises.
Proof of Funds will be required for the seller to consider releasing company details.
This business has an accepted offer. Please view our other Engineering Firms for sale.
This company has earned a preeminent reputation for its expertise in managing large-scale, complex environmental projects entailing the testing and inspection of various hazardous substances, including asbestos, lead, and mold.
Based in New Jersey, the business serves clients throughout New Jersey and New York, including federal/state/municipal governmental agencies, commercial real estate owners, architectural and engineering firms, and educational institutions. It has also managed projects for Fortune 100 companies through direct engagements, as well as under contracts with engineering firms.
The company has managed projects requiring the testing and inspection of properties ranging in size up to 30+ million sq. ft., including the largest residential complex in the world. When its findings point to the need for abatement, clients will often enlist the company’s assistance in evaluating potential abatement contractors, conducting contractor walkthroughs, and providing oversight throughout the entire abatement process.
The staff of project managers and environmental scientists has the most advanced certifications in the environmental profession and is adept at managing relationships with personnel at all levels in client organizations. The most compelling evidence of clients’ assessment of the company is the fact that the majority of revenue stems from repeat patronage and referrals.
In both 2022 and 2023, repeat clients accounted for 97% of total revenue.
An engineering firm would be the optimal buyer of this company, as it would “inherit” a stellar brand that would enhance its value to clients through greater cost efficiencies and quality control.
The seller will provide support to facilitate a smooth transition.
The company has been sold, view our other businesses for sale.
This profitable, growing company provides integrated branding, public relations, advertising, website development, Internet marketing and social media services. The cornerstone of its integrated marketing approach is a structured process that lays the groundwork for the design of client programs that deliver a demonstrable ROI. As a measure of the success of its methodology, the company has built a clientele of leading global B2B and B2C companies, including some of the most prominent Fortune 500 brands. The firm’s account executives are adept at using an initial engagement to unearth additional marketing consulting opportunities, and in guiding clients in improving performance in areas other than marketing through organizational restructuring, process reengineering and the adoption of new management approaches.
The company has been established for many years and more recently launched a retail division to tap the largely unserved segment of small companies, which typically lack in-house marketing capabilities. As a reflection of the success of the retail marketing strategy, the division has grown to a level where it now generates over 80% of company sales.
A potential new revenue stream lies in the content contained in several books on marketing and management authored by the CEO. In addition to the direct sales potential from distributing the content through video, audio, training seminars, a subscription-based website, and other communication vehicles, these products should help drive demand for the retail division’s services.
A public relations, advertising, or non-integrated marketing firm that buys this company could greatly enhance its ability to acquire and retain clients—who increasingly want all of their marketing needs to be addressed by a single entity. A management consulting firm or commercial printer could use its acquisition of the company to gain an immediate, solid foothold in the integrated marketing services segment.
Contact us to help you sell your marketing company in New York and the Eastern US.
The company has been sold, view our other businesses for sale.
Established for many years, earning a preeminent reputation for the high quality of the full range of marketing services it offers, including identity/branding, digital/print/broadcast advertising, media planning and buying, marketing communications, copywriting, website design and social media management. Clients are primarily located in suburban New York and northern New Jersey, and have included hospitals, medical practices, banks, colleges, professional associations, law firms, contractors and other businesses. In addition, regional governmental executives have turned to the company to craft branding programs to support their economic development and tourism goals. Client satisfaction has been reflected in a high level of repeat patronage, with some relationships spanning more than a decade. The company generates recurring revenue from services supporting the regularly scheduled annual programs of some clients.The owner has assembled a staff of creative, account management and administrative professionals who are adept at independently representing the firm to senior executives of client organizations, which should assure the buyer of the continuity of client relationships after the sale. Independent contractors and vendors are occasionally engaged to supplement in-house resources, including public relations consultants, photographers, videographers, copywriters, website designers and printers. The agency’s regional reputation for creating high-impact multimedia communications has been further validated through the many awards it was garnered in competitions sponsored by nationwide industry associations. The most valuable asset the buyer of this business will acquire is a brand whose name is synonymous with quality and professionalism, which should pave the way for strong repeat and referral patronage over the long term.
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This business has been sold. Please contact us if you would like to discuss how to sell your insurance agency.
This brokerage has been established for many years, addressing the insurance needs of both individuals and businesses. The breakdown of the book of business is approximately 75% personal and 25% commercial. Automobile policies account for 65% of personal line commissions, with homeowners and other products generating 35%. The brokerage has had longstanding direct appointments with Fidelity National, Franklin Mutual, Farmers of Flemington, Mercury Insurance Group, IFA, and Plymouth Rock. Homeowner and auto policies are also written through JIMCOR, a wholesaler. The brokerage is authorized to process applications on behalf of the New Jersey Personal Automobile Insurance Plan (NJPAIP). Commercial customers are served through products offered by Starr Indemnity and other companies. The book of business has maintained loss ratios at a level that has historically been significantly lower than average. The brokerage occupies 1,300 sq. ft. of space in a storefront location on a main thoroughfare. The owner is receptive to selling either the book of business or the entire brokerage. Since he owns the building that houses the brokerage, he has the flexibility to accommodate the buyer’s preference regarding the length of a lease commitment.
This business has been sold. Please contact us to sell a performing arts business or other music industry-related business.
This school has garnered a reputation as a preeminent cultural center through its high-quality programs in such performing arts disciplines as dance (including ballet, pointe, modern, contemporary, tap, jazz and hip hop), musical instrumentation, musical theater, voice and acting. Over 400 students, ranging in age from 3 to early 20’s, are currently enrolled. The founder-owner has assembled a faculty of performing artists with stellar professional accomplishments and educational credentials, including a ballet faculty certified in American Ballet Theatre (ABT) Teacher Training Intensive curricula—the gold standard in ballet education. Their students have gained acceptance to the most prestigious and competitive pre-professional programs in the U.S., including the ABT’s Jacqueline Kennedy Onassis School and the Alvin Ailey School. The school occupies a beautiful expansive space encompassing dance, music and voice studios, a black box theater, costume shop and other areas typically associated with a world-class performing arts center. This is a unique opportunity for someone with an interest—but not necessarily a background—in the performing arts (as was the case with the owner) to acquire a thriving business whose outstanding revenue growth has been driven by strong repeat and referral patronage. The business is pre-qualified for SBA financing.
