Popular Local Lifestyle Magazine

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Asking Price:
$300,000

Gross Revenue:
$320,994
Cash Flow:
$144,832
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$10,000
included in asking price

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Business Description

MOTIVATED SELLER This full color local area interests and lifestyle magazine has been in print for almost twenty years. Strong and loyal advertiser base enjoys broad five tier distribution model; Distribution in all Harris Teeter and Whole Foods locations; ~400 additional street distribution locations; Direct mail to home values over $250,000 on a rotating basis; all RDU International Airport distribution racks; and online distribution via the companies website. Rotating editorial theme content is popular among readers. Current owner works approximately 30 hours per week. Ad ratio is extremely good at 40% to 60% paid pages. These sales numbers produced with no full-time or part-time sales people.

eNewletter subscriber count approaching 3,000 individuals.

About the Business

Location:
Raleigh, North Carolina
Year Established:
2000
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$900.00 Per Month
Facilities:
Type of Location: Office Condo
Monthly Rent: $900
Square Footage: 1500
Facilities:
1,500 square foot office condo more than meets the businesses requirements. Includes 5 offices with windows, reception, kitchen and bathroom with shower. Adequate parking.
Market Outlook/
Competition:
There are other quality lifestyle magazines in this market, but none that have the distribution or circulation of this business.
Growth & Expansion:
Social media, eNewsletter distribution can be improved and expanded generating additional revenue. Without any question the addition of full-time salespersons would have a material impact on revenue.
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About the Sale

Reason For Selling:
True Retirement
Training/Support:
Seller will provide up to 80 hours of transition assistance within the first 90 days of sale at no additional cost.
Seller Financing:
Seller will participate in SBA mandated seller financing if required.

Listing Info

ID:
1441750
Ad Detail Views:
1697

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