Business For Sale

Well-known Established Online Magazine

Confidential, CA


Asking Price: Annual Revenue:
$275,000 $300,000

Retail: Non-classifiable


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RE: Well-known Established Online Magazine Broker: Frank Costa
License #: 01324936

Quick Facts

Asking Price: $275,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 2
BBN Listing #: 62738449
Broker Reference #: PASADCA001-N1773

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Business Overview:

A well-known brand established magazine (both digital and hard copy) for over 30 years. It is the only publication focusing on Hollywood, a world-famous destination. Over seven million magazines have been distributed. Currently publishing 5 issues annually (over 300,000 copies), the opportunity exists to expand frequency and grow media presence.Currently targeting to both residents in the greater Hollywood area and to the millions of visitors it attracts, this is an.enormous opportunity to exploit a name known around theWorld that can be realized by a new generation of entrepreneurs. Additionally, with over 2,000 weekly subscribers, their newsletter includes Hollywood special events, theater openings, art gallery openings, music and dance and reviews.35,000 households surrounding central Hollywood receive the magazine in their mailboxes where average home prices exceed $1 Million. 40,000 copies are picked up at Hollywood restaurants, theaters, galleries, museums and hotels throughout greater Los Angeles. Current yearly SDE averages $90,000 but a growth minded buyer could significantly increase sales and profits. Incredible seller support after the sale will ensure a smooth transition.For more information, please contact Frank Costa at (626)395-0717 or at frank.costa@sunbeltnetwork.com.

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Property Features and Assets:

Real Estate License ID: 01324936

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is 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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