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Finance And Services:

Sold. Independent Local Community Magazine Publishing Business

LISTING DETAILS
Firms For Sale ID:
26421
Vendor reference:
FOBO01
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£54,000  
Turnover / revenue:
£64,100
Net profit / cashflow:
£20,600
Business website:

OTHER DETAILS
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Established independent publisher of two popular community-based local magazines distributed monthly to over 17,500 homes and businesses across the area.

Unlike many others, this business is NOT a franchise and as such benefits greatly from itís very own well respected identity and reputation, grown and developed by the current owner over the last 4 years.

Started from scratch in April 2007 when the owner identified a distinct gap in the marketplace for a top quality, truly independent colour magazine offering local businesses, organisations and societies a direct, efficient and cost effective means to reach thousands of local residents and businesses through targeted advertising.

Such is the success of this business that it has steadily grown from quite literally nothing, to a sales turnover in excess of £64,000 in 2010, returning pre-tax earnings of £20,600.

Now offered for sale due only to the owner wishing to pursue an alternative business opportunity totally unrelated to magazine publishing. A full training and handover transition period is available by agreement.