Business Summary
Asking Price: $2,300,000
Gross Income: $782,883
Cash Flow: $554,696
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 1995
Employees: 3
Business Description
A tremendous opportunity for an experienced publisher to expand their existing brand and market. The business model is sound and is backed by a great distribution network for the hard cover annual publications and websites. The company was established over 20 years ago and is highly recognized by their dedicated readers and advertisers. The company boasts a healthy seventy percent profit margin with a ninety percent renewal rate. Readers keep the publications as a reference and a coffee table book because of its beautiful appeal. These coffee table publications are beautifully designed in full color and printed on high quality glossy stock. With over 400,000 annual readers and an advertising retention rate of 90%, the publications are found everywhere magazines are sold. Today the publications are at over 2000 major retail locations on Long Island and in Manhattan, including bookstores, supermarkets, vineyards, Lincoln Center, Pennsylvania Station and Grand Central Terminal as well as International distribution in over 10 countries. These publications have shown steady growth for the the last 18 years and is in a niche market. Plenty of room for expansion with pending projects and opportunities.
Detailed Information
Inventory: Included in asking price
Facilities: Home Based
Financing: Negotiable
Support & Training: 6 Months
Reason for Selling: Retiring
Property Details