Franchised Boating & Fishing Magazine in Duval FL

Not Disclosed, FL
Duval County


Asking Price: Annual Revenue:
$235,000 $225,000

Services: Advertising & Marketing


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RE: Franchised Boating & Fishing Magazine in Duval FL Broker: Roberta Caputo
Owner Financing is Available!
negotiable

Quick Facts

Asking Price: $235,000
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 1
BBN Listing #: 7435344
Broker Reference #: 3589

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Business Overview:

This opportunity is for a nationally recognized, franchised outdoor magazine. This particular edition has been listed as the top performer within the franchise group based upon gross sales and distribution. The unique business model allows an owner to sell advertising to local businesses within a locally distributed version of the magazine, larger companies within a regionally distributed version of the magazine, or national advertisers within a nationally distributed version. Everything in place, writers, distribution, solid customer base.Work as an owner operator, or hire additional sales staff to grow the revenue, this is a large territory, with tremendous growth potential. This is a "fun" business allowing a creative owner to exercise writing skills, market and promote regional boat shows, fishing tournaments and events. Financials are on file. Owner desires to retire and perhaps relocate.

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Property Features and Assets:

Home based and Relocatable

Market Competition and Expansion:

The fishing industry alone contributed $1.7 Billion Dollars to Florida's economy in 2017. The franchise territory offered serves Duval, Clay, St. Johns, Flagler, Putnam and Nassau, one of the fastest growing and most desirable regions of the state. Jacksonville is the largest city by area in Florida with a population of 937,000 with a median age of 36 and median household incomes of $55,500. The region offers offshore fishing, inshore fishing, salt and freshwater fishing as well as hunting and boating galore. Many marine manufacturers, dealers, outfitters, fishing and boating clubs, restaurants and tackle shops are located in this 6 county area. Additional demographic information can be found at http://worldpopulationreview.com/us-counties/fl/duval-county-population. Started in 2009, this franchise publication has shown steady growth, while operated as an owner-operator type of business. The nature of that arrangement means that much of the territory with regard to advertisers has not been tapped. Owner works approximately 2-3 weeks out of each month currently.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is a franchise resale opportunity.

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