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Great Magazine Publishing Opportunity in Texas
| Asking Price: | $497,000 | Inventory: | |
| Gross Revenue: | $554,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $171,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: this is the average over the past 2 years | |||
| Cash Flow Comments: Gr. Profit avgs 48%, Net profit avgs 34% | |||
Have your own business - one the largest magazines in Central TX!
Established in 2005, this publication reaches the most affluent customers in this megalopolis. This is an advertising based perfect bound "coffee table" magazine that averages over 100 pages per issue, printed by the 2nd largest printer in the world.
***** MAKE SURE TO PLEASE INCLUDE NAME, EMAIL AND/OR FAX SO THAT I CAN SEND A NON-DISCLOSURE TO YOU BEFORE WE DISCUSS ANY MATTERS RELATED TO THE BUSINESS AND POTENTIAL SALE*****
***** MAKE SURE TO PLEASE INCLUDE NAME, EMAIL AND/OR FAX SO THAT I CAN SEND A NON-DISCLOSURE TO YOU BEFORE WE DISCUSS ANY MATTERS RELATED TO THE BUSINESS AND POTENTIAL SALE*****
About the Business
Year Established:2005
Employees:0 full time - 0 part time
Relocatable:Yes
Home Based:Yes
Facilities:Structured as a single member LLC running it from my home based office. We outsource to professional writers, production and printing services. Hire independent sales people as contractors when/if needed.
Market Outlook and Competition:*** Very competitive market - we are well positioned versus others*** Yet, stronger market potential for growth with well over 1000 businesses that advertise in these type of competitive publications.*** Central Texas has one of the best economies in the US over the past 5 years based on research data provided by Moodys, Fortune, etc.One of the least effected markets in the US during the latest business downturn very strong market for goods, products and services for the home our target. *** The housing market is one of the top 3 in US. *** Austin always cited as one of best places to move, live and enjoy.*** Texas will add more jobs than the next 11 states combined in the next 3 years. Dallas and Houston markets are ripe for expansion.*** Very tech savvy consumers; great opportunity to monetize the brand via the web, phones, Netbooks, etc. with new website.*** Austin is known as one of the best places for building wealth based on Salary.com surveys published in the past 12 months.
About the Sale
Management Training and Support:*** WILL HELP IN TRAINING AND TRANSITION PERSONALLY*** Owner has over 29 years business experience. Degree in Marketing.
Reason For Selling:This business is ready for increased attention and more profits*** I have another business that needs my complete focus and attention*** THIS IS A GREAT TIME TO TRANSITION AND LET ANOTHER PERSON REAP THE PROFITS***15 issues produced life to date with over 550,000 copies distributed*** Developed into one of the Top 4 magazine publications in this market*** Strong brand recognition and goodwill in place*** New owner needs to transition sales, meet customers and media buyers, renew contracts and aggressively pursue new customers***
Seller Financing:Yes. With 50% down and 5 year payout, or 33% down with 3 year payout plus reasonable interest.
KEYWORDS: ADVERTISING, DIRECT MAIL, PUBLICATIONS, PUBLISHING, HOME OFFICE, NO INVENTORY, MAGAZINES, VIRTUAL OFFICE, PART TIME JOB, media, austin, texas, llc, profit, financing, training, marketing, publish
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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