Year of Inception: 2019 Annual Revenue: SGD $420k Seller's Discretionary Earnings: SGD $190k Asking Price: SGD $580k Seller Financing: Yes Reason for selling: Relocation
Fey Day presents a boutique marketing agency that has started since 2019. The business provides a full suite of outsourced marketing services that include website design, performance marketing, SEO and marketing strategy. Their customers are mainly solopreneurs, start-ups and SMEs (with a higher concentration in the healthcare sector).
They generate their sales through a sales funnel via inbound (organic) and paid social media advertisement. (Average advertisement expense is $400 per month.) Their team consist of 3 full time and 4 permanent part time. (A mixed of both locals and foreigners) The owner is working an average of 35 hours per week, and open to work in this business as an employee once it is sold. (Currently the owner is handling the business development.
Area for growth:
1. Hire a business development lead 2. Explore corporate partnerships
Owner is willing to stay and support the handover transition.
For more information about this business, please contact Mac via mac@feyday.com or WhatsApp +65 8161 0017 You can check out more business opportunities via www.feyday.com