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Business for Sale Summary

Magazine Business for sale in Harris County - 33702

Business Type: advertising/ printing,misc. service/non-classifiable,other business services,seller financing available,printing/publishing
Owner Financing
Magazine Business for sale in Harris County
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This business has received 78 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $65,000 Down Payment $32,500
Gross Revenues $280,000 Lease Remaining Register Free to View
Owner’s Cash Flow $76,000 Number of FT Employees Register Free to View

Financing

$32,500 Down and $32,500 financed at 5% for 3 years

Business Description

The Covid pandemic is over. The runners are streaming back to what they do and love best with pure competition. When the events were cancelled in early 2020, this publication had to go dormant while the pandemic played out. The events are back and the possibilities of producing a publication are real, maybe only digital to get it started again. Some 10,000 events are starting to fill up the 2022-23 calendar. Their biggest problem is how to promote their events to the runners. They need a publication such as Texas Runner & Triathlete, to do this job for them. Out of state marathons also want the Texas runner and need an outlet for their advertising. Plus, the runners are also looking for a source of current events where they can participate. They all miss Texas Runner & Triathlete! This magazine is priced extraordinarily well and offers sellers financing to boot. This is an outstanding opportunity to be the editor/owner of your own magazine. Run it remotely or run it in an office setting. It is yours for the taking. Prior to Covid it had run continuously for 35 years. It is time to move on for the seller and if 2020 wasn’t the Covid year it would still be flourishing. This printing business comes with all the essentials to include: subscriber, writer, advertiser, and event sponsorship lists. The owner has agreed to stay on for a month or longer to ensure smooth transition to the new owner. All the secrets to the trade will be unleashed upon selling. This is a great business which can be operated from anywhere in Texas and the seller is providing great financing. Don’t let this opportunity get away. For more information, contact broker Dan Gundrum today at 815-323-0608! We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.