Business for Sale in Attleborough, Norfolk - MAGAZINE PUBLISHING COMPANY - Leasehold: £59,950

Key Information

Ref
M33377E
Type
Service Businesses: Publishing
Location
England: Norfolk
Tenure
Leasehold
Status
For Sale
Download Particulars Add to my favourites

Request Particulars

Please fill the form in below to request particualrs via e-mail for Business Ref : M33377E

Call us on 01603 280873

Very rare chance to acquire an established and rapidly growing publishing business producing Community & Lifestyle Magazines with strong brands and a significant readership, for Norfolk & Suffolk.

The present owner is now looking for a lifestyle change but will be available to advise purchaser initially should this be required.

Impressive recent growth has been seen with the addition of two titles during 2016 and there are many options to grow further by adding to the portfolio. Presently four titles are produced bi-monthly - plus additional less frequent publications.

We believe there is scope for further significant expansion and potential income growth for a motivated owner.

The business enjoys positive relationships with local businesses and has a database of circa 10,000 advertisers providing excellent revenue generation.

The magazines are produced in both hard copy and online format, with an efficient system in place for delivery of both via email and physical distribution.

THE BUSINESS ITSELF

Expansion in 2016 saw the business income at over £215,000 in that financial year. Present trading levels will see this maintained, with a cash generation for the owner forecast in excess of £60,000. This is partly attributable to a successful reorganisation of costs, which has generated substantial savings.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The business presently trades from substantial first floor open plan offices incorporating seven workstations with shared kitchen and bathroom facilities. There is adequate parking outside.

Copyright © EMF Group Ltd 2017 Company No: 987654321 - VAT: 111 1234 56