Summary
- Asking price:
-
£250,000
- Sales revenue:
- £220,000
- Net profit:
- Available on request
- Years established:
- Nine
- Relocatable:
- This business can be relocated.
Business description
Leading business magazine for senior support staff to management. Published on alternate months to a high value 16K database - both subscription and controlled circulation. Nine years of successful and profitable publishing.
Property information
- Location:
- The business is presently run from offices 20 miles from Oxford but can be easily relocated to small premises.
Other information
- Expansion potential:
- There is huge advertising potential to increase to monthly publication and the publisher has already started to introduce profitable supplements and guides. This potential is based upon the fact that our target audience has been given greater responsibility for purchasing across a wide range of products and services. The title has also developed a very interactive website and has seen increasing revenue streams in electronic advertising and list rental of its database.There is also much potential in increasing reader subscriptions - whilst essentially the title is a free, controlled circulation magazine, it has attracted without much effort close on 1,000 subscribers generating £20K.
- Competition / Market:
- The title has two other competitors serving a very healthy and expanding market but is recognised for its editorial quality as the key publication by the two professional associations that cater for our readers.
- Support & training:
- A handover period on editorial direction/circulation/ad sales etc. is offered
- Reasons for selling:
- The owner/publisher has reached retirement age