Central Indiana Audiobook Distributor for sale

Marion County, IN
Marion County


Asking Price: Annual Revenue:
Not Disclosed $1,716,209

Wholesale/Distribution: Non-Durable Goods


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RE: Central Indiana Audiobook Distributor for sale Broker: Richard Hester
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,716,209
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1991
Employees: 22
BBN Listing #: 178138584
Broker Reference #: INDIAIN001-N1856

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Business Overview:

This Indiana audiobook distributor is providing libraries with the fastest-growing book format. By providing in-demand titles, their customers circulation increases. Increased circulation means more funding for the libraries. More funding means repeat business. Audiobooks are the fastest-growing format in publishing. Because they fit into busy, more people are finding time to listen. New technologies are making it easier to listen anywhere. Audiobooks are also good for people with learning disabilities. Libraries are, in fact, the main source for finding new audiobooks. New users to try out the format at no cost. This Indiana audiobook distributor provides libraries with the best products for their needs. The Indiana audiobook distributor has over 3,000 customers. Not only are they a large group, but also very diverse. They are found throughout the United States. As the primary customers, public libraries make up 96% of the distributor’s business. Other customers are government, military, corporations, schools and universities as well as other library systems. Repeat customer rate is 80%. Products offered by the distributor include: · New and used fiction and non-fiction audiobooks · Audiobook and print bundles · Educational products · Audiobooks players · Accessories [?The ideal purchaser will love books and/or education, have a marketing or IT background as well as capital to invest in the company. While helpful, an understanding of the industry isn’t necessary. The seller owns the real estate . The business facility is approx 10,000 sq. The Seller is willing to sell the real estate for fair market value or lease it for terms to be negotiated. Due to the unique nature of the business and the variety of acquisition structures that the Seller is willing to entertain, it is assumed that the Purchaser and/or Purchaser’s advisor (s), will possess sufficient financial sophistication to determine value and submit an offer to purchase.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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