Magazine & Publishing Group - 22771

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Magazine & Publishing Group - 22771
Asking Price:
$675,000

Gross Revenue:
$396,566
Cash Flow:
$281,566
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$5,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Restaurant Magazine with several pending projects looking for majority partner (80%) or buyer with the desire to expand into other markets. The best resource guide for fine dining within the Metro NY/LI market. Sales to Hi end advertisers wanting to reach this magazine's affluent readership. Annual publication, now in its 22nd year, features information on top-rated restaurants including a sample menu, color photo and other pertinent information. Has articles by chefs, restaurateurs and former NY Times Restaurant reviewer. 240,000 annual readership. Found everywhere magazines are sold - at least 1500 locations, including hotels and libraries, and on its web site. Beautiful high quality production value. Used as both a reference and coffee table book. Is one of the best-selling magazines in its market. This title can and should be expanded to every major market in the US. International expansion also suggested. Many potential spin-off projects include related web sites e-commerce, trade title, etc. Published once a year but distributed 4 times a year. Owners have 5 months off per year before producing next annual edition. Owners seek full time working partner to purchase 80% of company. 100% purchase of the company may be available as well. Owners will provide extended training and transition and will provide long term support and assistance. Home based business. Prospective buyers are required to provide publishing and/or advertising sales background and financial qualifications before the name of the business can be disclosed and a meeting with the seller or access to additional information. Call broker, Joseph Stansky for more details. Proof of funds and required background are is required for name of this publication.

About the Business

Number of Employees:
2
Website:
www.vestedbb.com
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About the Sale

Reason For Selling:
retirement
Training/Support:
Yes
Seller Financing:
500,000.00 Down & $125,000 over 1 years @ 5%

Listing Info

ID:
1579755
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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