Popular Local Lifestyle Magazine- Motivated!

Business Overview:

This full color local area interests and lifestyle magazine has been in print for almost twenty years. Strong and loyal advertiser base enjoys broad five tier distribution model; Distribution in all Harris Teeter and Whole Foods locations; ~400 additional street distribution locations; Direct mail to home values over $250,000 on a rotating basis; all RDU International Airport distribution racks; and online distribution via the companies website. Rotating editorial theme content is popular among readers. Current owner works approximately 30 hours per week. Ad ratio is extremely good at 40% to 60% paid pages. These sales numbers produced with no full-time or part-time sales people.

eNewsletter subscriber count approaching 3,000 individuals. Motivated Seller retiring.

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Property Features and Assets:

Type of Location: Office Condo; Monthly Rent: $900; Square Footage: 1,500; Facilities: 1,500 square foot office condo more than meets the businesses requirements. Includes 5 offices with windows, reception, kitchen and bathroom with shower. Adequate parking.

Market Competition and Expansion:

Competition: There are other quality lifestyle magazines in this market, but none that have the distribution or circulation of this business. Potential Growth: Social media, eNewsletter distribution can be improved and expanded generating additional revenue. Without any question the addition of full-time salespersons would have a material impact on revenue.

Reason for Selling:

True retirement.

Additional Details:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.