1(877) 735-5224
vestedbb.com
Business for Sale

Fine Dining Magazine
New York County, NY

Listing #19992

 
Financial Information (non-confidential)
Asking Price $125,000.00 Gross Revenues $286,500.00
Down Payment $75,000.00 Owner’s Cash Flow $192,110.00

Financing: $75,000.00 Down and $50,000 over 2 years @ 6%

Reason for Selling:new career

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.
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Joseph Stansky Esq

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

This website use cookies to enhance your experience. If you ACCEPT then you are agree to our Privacy Policy and Terms of Use.