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Overview

Magazines and Newspapers

17 Year Old Highly Successful Publication

Price: $435,000

Listing ID: MAG8

Entity Classification(M): Limited Liability Corporation

Year Established: 2007

Annual Sales: $489,902

Seller Discretionary Earnings: $116,599

SDE Multiple: 3.7x

SDE Margin 23.8%

Days & Hours of Operation: Virtual

Full-time Employees: 1

Contractors: 4

Reason For Sale: True Retirement

Limited Seller Financing: Seller will consider some financing to the right qualified buyer.

Listing Status: Active


Summary

Description:

Your chance to own a dynamic, relevant, and highly successful 17-year-old monthly publication covering one of the most affluent and fastest growing areas in the USA has arrived. This publication stands out as a highly respected market leader with its leading support of women, its use of digital marketing, and is distinguished as the longest standing publication in the market. Very profitable, with yearly revenues increasing consistently, this magazine is currently distributed to over 400 of the area’s largest businesses, where the target market consistently “walks through the doors” and is delivered to very affluent homes. Strategic in offering small businesses promotion avenues that competitors do not offer make this publication one of the most-read and popular publications: • Editorials as part of the advertising package, and • Offers advertisers programmatic opportunities to even further extend their reach. A lean-run and operated publication, this magazine boasts the top talent in its staff, with an average length of 12 years with the publication. Operations are home-based, with the staff also working remotely. Advertiser renewal rate is 55% - well above industry average. This publication is ideal for an owner-operator to either expand their portfolio or for the entrepreneur who wants to own their own publication. Inquire today!

Historical Summary:

Please submit your NDA to view this information.

Competition:

With numerous competitors in the market, this publication competes on the basis of Price, Market Share, and Circulation.

Growth & Expansion Opportunities:

With the utilization of the latest technology, this publication's growth and expansion is unlimited.

Competitive Advantages:

A major competitive advantage is this seller's continued utilization of innovative technology in advertising sales.

Owner Qualifications:

Publishing, proofing, leading sales team, community involvement, all administrative functions including bookkeeping, invoicing, production management, and some sales.

Support & Training:

Seller will support and train a new owner - length of time and required salary are negotiable.

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Joe Vagnone

Senior Broker – Charlotte, NC

Office: (919) 341-1100

Cell: (704) 577-8030

Contact Listing Broker

Terms & Conditions*

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Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

Location: Mecklenburg County, NC

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