Business for Sale Overview:
The business owns key publications, websites and prestigious awards ceremonies in the U.K.’s new build property sector, and both the U.K.’s and overseas property sales business. The Awards are very much the 'Jewel in the Crown' for the business and have remained profitable even during the tough market conditions of 2008/2009. Sponsors who were financially not in a position during that period to make commitments are now coming back into the fore, plus advertisers who were taking one off ads are now booking series campaigns. The magazine for international property sales was established in the mid 1960’s, and as such, it has a marekt leading position and authority. Originally in a super A4 format, perfectly bound, with high quality production and a circulation of 18,000 across Newstrade, the magazine attracts long-standing advertisers along with new business. Recently the magazine has gone to a wholly digital format, which enables existing and prospective advertisers to iclude rich media in their advertisement. The digital magazine is currently e-mailed to a circulation of 100,000 people who have indicated an interest in overseas property, with the vendor currently in negotiations to develop this further to circa 850,000.
The 30 year old U.K. Property sales magazine and associated respected awards was one of the first to enter into the online property publishing business some 14 years ago. The brand is very well known, and is in a key position from which to grow.
Alongside these, they have one of the most respected New Build Magazines. Established in 1995, the publication is of very high quality, and with a controlled circulation of 7000 industry professionals, it is one of the prime marketing tools for Proeprty Developers, builders and their suppliers. The associated awards are the industry standard, and have enjoyed considerable support, sponsorship and attendence through out the past 15 years in all market conditions, proving to be very profitable at all times.
In the past, the company has been responsible for assoicated exhibitions and events across all the brands, which can be easily restarted in the future
The publications and websites are known for keen and well respected editorial, which could continue with a new owner. Although there is a sizeable paid subscription base for the titles, the majority of revenue is achieved through advertisng sales and sponsorship. With long-standing relations with some key players, and a constant stream of new clients the business has historically achived close to £1 Million in Net Profits.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The premises are leasehold and renewable at the end of 2009
The square footage of the premises is circa 3000 ft and comprises of a reception area/desk, and a separate boardroom plus directors offices.
Rent £24,000 per annum
Rates £12,000 per annum
Market Competition and Expansion:
The business has an unrivaled opportunity to promote themselves within their own leading publications and associated events and websites. The company has also promoted themselves via other media both in print and on-line
Reason for Selling:
concentrate on their other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.