CASH FLOW THROUGH 6/30/2018 IS ON PACE TO EXCEED $450,000 IN 2018.
This is a great lifestyle business.
The owner typically works 20-25 hours per week.
The owner works from his home.
The business is on pace to earn $450,000 adjusted EBITDA this year.
The down payment is only $290,000 with 10 year SBA financing at 5.98% fixed interest rate.
The owner has no previous publishing experience.
The company has an experienced editor-in-chief and an associate editor that create each of the magazines.
All of the team members are 1099 independent contractors.
There are no capital expenditures required.
The business requires very little working capital.
There are licensing opportunities available to expand into additional markets.
This magazine is a multi-city high end magazine. This is a rare chance to acquire a prestigious, established publication with all of the pieces in place to take it to the next level. If you’re looking for a well-established business that’s easy to understand and operate, with a great team in place, that you can be involved in on a full-time or part-time basis, then this could be a great opportunity for you.
This business was recently sold by Viking Mergers & Acquisitions. Please view our other listings or contact us if you are interested in buying or selling a business.