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Profitable Travel and Tourism Publisher with Multiple Titles
NCListing DetailsOffice ID: PUB4
Status: Active
Listing Broker: Jeff Snell, CM&AP, M&AMI, LCBI, ABI
Listing Price: $425,000
Gross Revenue: $389,435
Cash Flow: $201,124
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
True Retirement
Training:
Seller will provide up to 80 hours of transition support in the first 90 days after closing at no additional cost.
OperationsYear Established: 1996
Form of Ownership: S Corp
Employees (contractors): 4
Managers: 1
Summary
Business Description:
Established niche publishing business with multiple publications that are distributed across North Carolina. Long time publishing titles in the heritage tourism field, student-field trip travel and the rapidly growing youth, sports travel sector. Perfect small publishing and digital business for growing digital company or existing publishing group as well as a new business opportunity for any entrepreneur. Good opportunity for any business professional anxious to move south and enjoy the weather.
Historical Summary:
The first publication was established in 1996 and has been published continually since that time.
Owner Qualifications:
Buyer will need to posses or hire advertising sales, basic accounting, marketing, hr, and business skills.
Competition:
These publications do not have direct competition by content, but are technically competing with all print advertising options in the marketplace.
Potential Growth:
There is significant advertising sales growth potential in posting past and future issues online.
LocationType of Location: Office Condo
Real Estate for Sale: Yes
Lease Expires: Oct 1, 2019
Monthly Rent: $330
Square Footage: 500
Facilities:
The business is run from a small executive office suite and can be easily relocated anywhere in or around North Carolina. The lease is year to year if the buyer wanted to maintain the location. A vehicle provided by the buyer will be required to run this business.
Last Updated: Jul 23, 2018 / 12:14 PM
Financial Information Current as of: May 17, 2018 / 3:18 PM
Lender Pre-Approved!