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- RE: Historic, Profitable Local Magazine, Steady Growth
- Contact: Jack Pritchett
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $510,558 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,154 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 936454 | |
Broker Reference #: | N196-JP |
Business Overview:
Historically profitable magazine distributed to over 46,000 homes (approximately 101,000 individuals) monthly. For over 17 years the Owner has continually built strong relationships in the community, producing growth and stability for the magazine. The region is experiencing the highest growth in Virginia and the company is well- positioned to take advantage of the region’s increasing population and economic opportunities.
Highlights
Long History of Profitability
Beautiful, Historic Location
Employees In-Place
Easy to Operate with Current Staff
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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 not a franchise resale opportunity
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