Fine Dining Magazine - 19992 Business Type: advertising/ printing,other business services,mfg businesses,printing/publishing
Acted as the Advisor to the Deal
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $125,000 | Down Payment | $75,000 |
| Gross Revenues | $286,500 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $192,110 | Number of FT Employees | Register Free to View |
Financing
$75,000 Down and $50,000 over 2 years @ 6%
Business Description
The best resource magazine for fine dining within the areas it covers (Westchester County, NY and Fairfield County, CT). Annual publication, now in its sixth year, features information on top-rated restaurants including a sample menu, color photo and other pertinent information. Has articles by chefs, restaurateurs and NY Times Restaurant reviewers. Found everywhere magazines are sold and on its web site. Beautiful high end production value. Used as both a reference and coffee table book. Is one of the top 3 best selling magazines in all its markets. Has grown from 100 to 200 pages in only six editions. Sister magazine is a newer top-selling Lifestyle Magazine in one of its most affluent markets. Contact broker for information on purchasing this sister publication. Buyer will own 60% of this magazine and work with trademark holder (who publishes 2 other similar publications) and will have right to publish for a minimum of 7 years; will retain all net income less a rights fee of $25k per year. Magazine group will be sold after 7 years and buyer will receive 60% of the proceeds attributable to this magazine. Prospective buyers should be prepared to provide publishing and/or advertising and financial qualifications before a meeting with the seller or access to additional information. A full non-disclosure agreement will also be required. Call broker for more details.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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