Established Regional Business Magazine - Mkt. Share Leader
NCListing DetailsOffice ID: MAG1
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $650,000
Cash Flow: $172,217
FF&E Included: No
Sale Price: $2,006
Financing/Terms:Seller will consider a component of seller financing.
Reason for Sale:Current partners have divergent interests.
OperationsYear Established: 0
Employees (full-time): 2
Business Description:This established business' publication is known by virtually every business owner, executive, and salesperson throughout the region. Publishing continuously in it's 16th year the magazines have established themselves as THE reference for business information. Four color magazine is professionally printed and mailed monthly. Quarterly supplements mailed with the magazine offer additional market penetration and reach. Company owns SIGNIFICANT intellectual property and naming rights to title on the Federal Registry. This is not a local 'mom & pop' photocopied newsletter. Additionally, key internet URL's and proprietary marketing and operations information is included. Company maintains modern, interactive website which receives high traffic. Advertising opportunities and cross marketing between print and web are substantial. Key employee owner is willing to remain as full time employee. THIS IS A POTENTIAL ABSENTEE OWNER OPPORTUNITY. Please contact broker for additional detailed information. Non-Disclosure and Sellers Agent Disclosure forms are required.
Competition:This four color monthly with 4 quarterlies has no direct competition. Other publications in the market include the State daily paper and a weekly business paper.
Potential Growth:Name of magazine and website is listed on the National Registry and can be replicated market by market nationwide. Current owners at odds on growth and operational strategy has prevented this business from growing to it's potential.
LocationReal Estate for Sale: Yes
Monthly Rent: $2,184
Located in commercial office space on main business artery. Reduced rent as landlord is an advertiser.
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jul 23, 2013 / 2:17 PM