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Award Winning Community Lifestyle Magazine
North CarolinaListing DetailsOffice ID: MAG5
Status: Sold
Listing Broker: Joe Vagnone
Listing Price: $450,000
Gross Revenue: $526,008
FF&E Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Home Based: Yes
Reason for Sale:
Owner retiring.
OperationsYear Established: 2008
Form of Ownership: LLC
Employees (full-time): 1
Employees (contractors): variable
Business Description:
An award-winning 8-year-old community lifestyle monthly magazine highlighting the people, the happenings and the life well lived in the Lake Norman Area. Very successful, high-end digital and print magazine, and a highly respected true community magazine, with several related specialty publications.
Historical Summary:
This magazine grew from staff with experience working for a large local newspaper. The magazine has become the preferred upscale lifestyle magazine in the area, now with several related specialty publications!
Owner Qualifications:
Publisher, proofing, leading sales team, community involvement
Four other local magazines compete using price, market share & circulation.
Potential Growth:
The digital side of the publishing world holds incredible opportunity for this magazine. Hiring sales personnel who are familiar with the market and advertisers would grow this business.
LocationType of Location: Virtual
Real Estate for Sale: Yes
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Feb 17, 2016 / 8:24 PM