#1424 Exclusive & Established Publication w/Semi-Absentee Ownership

NC

#1424 Exclusive & Established Publication w/Semi-Absentee Ownership
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Asking Price: Get Financing: $1,450,000

Cash Flow: $386,604

Gross Revenue: $1,002,927

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

#1424 Exclusive & Established Publication w/Semi-Absentee Ownership

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Business Description

CASH FLOW THROUGH 4/30/18 IS ON PACE TO REACH $500,000 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.

Please call Greg White at 704-561-2503 or email at gwhite@vikingmergers.com.

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Jay Offerdahl

Business Listed By:
Jay Offerdahl

Viking Mergers & Acquisitions

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