Magazine & Publishing Group - 22771

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$675,000 $396,566

Retail: Non-classifiable


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RE: Magazine & Publishing Group - 22771 Broker: Joseph Stansky
Owner Financing is Available!
$500,000.00 Down & $125,000 over 1 years @ 5%

Quick Facts

Asking Price: $675,000
Annual Revenue: $396,566
Net Profit: Not Disclosed
Cash Flow: $281,566
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 17444447
Broker Reference #: 22771

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Business Overview:

Restaurant Magazine with several pending projects looking for majority partner (80%) or buyer with the desire to expand into other markets. The best resource guide for fine dining within the Metro NY/LI market. Sales to Hi end advertisers wanting to reach this magazine's affluent readership. Annual publication, now in its 22nd year, features information on top-rated restaurants including a sample menu, color photo and other pertinent information. Has articles by chefs, restaurateurs and former NY Times Restaurant reviewer. 240,000 annual readership. Found everywhere magazines are sold - at least 1,500 locations, including hotels and libraries, and on its web site. Beautiful high quality production value. Used as both a reference and coffee table book. Is one of the best-selling magazines in its market. This title can and should be expanded to every major market in the US. International expansion also suggested. Many potential spin-off projects include related web sites e-commerce, trade title, etc. Published once a year but distributed 4 times a year. Owners have 5 months off per year before producing next annual edition. Owners seek full time working partner to purchase 80% of company. 100% purchase of the company may be available as well. Owners will provide extended training and transition and will provide long term support and assistance. Home based business. Prospective buyers are required to provide publishing and/or advertising sales background and financial qualifications before the name of the business can be disclosed and a meeting with the seller or access to additional information. Call broker, Joseph Stansky for more details. Proof of funds and required background are is required for name of this publication.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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