This is a perfect opportunity for a sales oriented individual to buy a nice, cash flowing publication earning a six figure income! This business, based on Lubbock, TX, is a licensed publication from a nationally recognized brand name magazine that has been in business for 42 years. The licensee with an exclusive distributorship started this location in 2005, and owns the territory that covers the Texas Panhandle, including Lubbock and Amarillo, TX. The company offers full-page, glossy, full-color magazines distributed in hotel rooms and is the primary in-room hotel magazine in West Texas. The magazine is published quarterly, and also has on-line internet presence. The company has an established distribution channel in place and maintains a stable, long-term customer base from restaurants, shopping, entertainment and relocation venues wanting to market to leisure& business travelers. Over 15 advertisers have advertised with the publication since its inception. The operation is currently in a home office, but it would work well from an outside office location as well. Additional products are available from the licensing company, such as easy fold map products, pocket magazines, and digests. This is a business to business (B2B) sales company. The printing and distribution is handled by the licensor, at fixed fees to the licensee. The local licensee provides the sales and marketing activity to generate revenue, and customizes the publication with articles on the local venue, businesses, etc. There are no expenses of inventory or employees. Average annual discretionary earnings of over $130,000 for the last 3 years! Income is only limited by the effort you put in to the business!
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Reason for Selling:
Seller is relocating
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.