Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Lifestyle Entertainment Magazine Publishing Company For Sale - Dorset & Hampshire

LISTING DETAILS
Firms For Sale ID:
25207
Vendor reference:
LIDO01
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£119,000
Furniture, fixtures and fittings included.
Turnover / revenue:
£143,700
Net profit / cashflow:
£1,000 - £100,000
Business website:

OTHER DETAILS
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Successful, profitable and growing publisher of glossy printed and online lifestyle entertainment magazine covering Dorset and Hampshire.
Two free monthly magazines presenting local news and events – including everything from music, art and comedy… to sport, family and night life – each with an aged, well optimised and dedicated website. The business generates revenue from the sale of advertising space in the printed magazines and online.
Launched in February 2007, the business has grown steadily from a turnover of £79,000 in year one, to just on £144,000 at the end of January 2011, returning healthy five-figure net earnings.
The success of this business is even more notable since it’s been achieved at a particularly tough time for magazine publishers, where many regional competitors have struggled to survive and gone to the wall.
This well respected publication attracts an impressive level of regular repeat business from both local and national brands, including popular touring music artists, major music venues, art galleries, festivals and well known national hotel and restaurant chains.
There exists a realistic opportunity for further strong growth by expanding the geography of coverage through new magazine launches; on-line ticket sales, hotel bookings, etc.; and franchising or licensing the business model.
The owner has recently given birth to her first child and consequently wishes to sell the business to focus on raising a family.
BUSINESS HIGHLIGHTS:
Well-respected local business with 4 year history of steady growth.
Quality brand recognised by national advertisers and promoters.
Endorsed by universities, local authorities and tourist information centres.
Can be run from home.
Includes website and 8 domain names valued at £21,500.