Active
Historic, Profitable Local Magazine, Steady Growth
Historically profitable magazine distributed to over 46,000 homes (approximately 101,000 individuals) monthly. For over 17 years the Owner has continually built strong relationships in the community, producing growth and stability for the magazine. The region is experiencing the highest growth in Virginia and the company is well- positioned to take advantage of the region’s increasing population and economic opportunities.
Highlights
Long History of Profitability
Beautiful, Historic Location
Employees In-Place
Easy to Operate with Current Staff
Listed By: Jack Pritchett (CBI)
Background information
Reference:
N196-JP
Reason selling:
Retirement
Finance
Sales:
$510,558
Profits:
$126,154
Profit type:
Discretionary Earnings
Operations
Furniture fixtures and equipment:
$25,000 (Included)
Price and terms
Price:
$295,000
Financing:
Negotiable
Training:
The Owner will be willing to train the new owner for a negotiable period of time. The Owner will also help transition the relationships to the new owner.