Regional Life Leisure Magazine - 5437

Financing

$435,000 Down and $430,000.00 @8% over 60 months

Business Description

Regional Life & Leisure Magazine for sale. This company has steadily grown over the past four years to become a leading life and leisure magazine for its region. It was established to bring those who live in and around the area a fun, yet informative publication about local events, businesses and people in the community, as well as serve as a source of information on other topics such as Wellness, Parenting, Pets, Wine, Business & Finance, Food & Dining and Home Solutions. With a circulation of 30,000 per month and over 150,000 readers per month, this magazine has a very strong base to build upon. Available in over 500 locations in the area, the magazine also offers subscriptions at $18/yr. There has been a recent population boom in the area and it continues to grow. There is a potential pool of over 1,000,000 readers in the area. With its current readership this magazine generates approx. $780,000.00 in annual revenue, with an Owners Cash Flow of approx. $264,000.00. There is a full staff in place that is willing to stay on board. In fact, the staff can virtually run the business themselves. A potential buyer need not have previous publishing experience, although it would be beneficial. The current owner is willing to train and the staff is more than capable in assisting any transition. The only reason the owner is selling is due to 2 other business interests that have been taking up more and more time. This is an excellent opportunity to come in and grow an already established business with solid cash flow. The owner is willing to hold a note for half of the total asking price. What better vote of confidence can you find from a seller? If you have any interest, do not delay. Call today for an appointment!

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.