Ke Ola Magazine

Keaau, HI (Hawaii County) (Relocatable)

Seller Financing Available
Nov-Dec Cover
Contact Seller

Asking Price: $177,918

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2008

Ke Ola Magazine

Save Print Share Valuation Report

Business Description

Ke Ola Magazine - The Life - is celebrating its 10th year and 60th issue of lifestyle stories on the island of Hawaii. In 2008, the publisher's formed a vision of what they thought people who live on Hawaii Island, and others who love it here, would want to learn more about. Ke Ola's editorial staff has stayed true to their original vision of sharing stories about the arts, culture, and sustainability of their island home.
24,000 complimentary copies of Ke Ola Magazine are distributed islandwide every 2 months at more than 300 locations, many in company owned magazine racks. The revenue to cover the costs of publishing are mostly derived from advertising income, although there are subscription sales, as well. Some of the advertisers have been advertising in the magazine for the entire 10 year’s it’s been in publication, and many others at least 5 years.
On staff are a co-editor/general manager, graphic artist, bookkeeper, distribution manager & subscription manager, in addition to the publisher, who is the primary salesperson, as well as being the co-editor and operations manager. There are approximately 20 contributing independent contractors, including writers and graphic artists, all located on Hawaii Island.

Detailed Information

Location:
Keaau, HI
Employees:
4
Facilities:
The publishing office is home-based and relocatable anywhere on Hawaii Island. All the contractors and employees work from their own homes. The printing is done off site. (Home Based)
Competition:
Ke Ola Magazine is unique in that it is Hawaii Island's only lifestyle magazine published for people who live here. In contrast, the other magazines on the island are targeted for visitors and real estate buyers. Ke Ola Magazine's editorial content contains stories about the arts, culture, and sustainability of Hawaii Island. It was originally created to help small businesses with their marketing during the 2008 recession, as an alternative to costly newspaper advertising, and because of the 300+ distribution locations, it reaches the same readers + many more than either of the island's two newspapers.
Growth & Expansion:
The Ke Ola staff have been publishing on time every two months for 10 years. Ads are easy to sell– everyone LOVES Ke Ola Magazine! It has a much longer than two-month shelf life, some people have full sets of all 10 years! There is also a highly engaged social media presence. The Nov/Dec 2018 issue had the highest grossing revenue to date, until the Jan/Feb 2019 issue beat it by several thousands of dollars… the sky is the limit! The seller also publishes the annual Hawaii Island Weddings, Honeymoons, and Special Occasions magazine that has barely scratched the surface for the potential of this growing industry on the island. She is excited about turning the magazine's over to the right person/people who will bring fresh energy to them. Ideally the new owner(s) live on Hawaii Island or plan to move here soon, have a passion for perpetuating our island’s stories, and want to help businesses with their growth. While helping other businesses grow, Ke Ola grows, too! Publishing experience isn’t required, it can be taught by the seller. A sales and/or marketing background would be helpful.
Financing:
50% down - finance 24 mo. @ 6%
Support & Training:
Seller is willing to spend at least 4 months (2 issues) training the new owner(s). Availability by phone or email for support for 24 mos. Seller will ensure all the support requested is provided to ensure a seamless transition. She co-birthed this magazine, she's going to make sure it continues to grow and thrive!
Reason for Selling:
Seller is almost 60 & ready for her next life chapter, a healing arts practice.
Home-Based:
This business is Home-Based
Business Website:
http://KeOlaMagazine.com
Contact Seller

Contact the Seller

Contact Seller Loading

Beverly Brown

Business Listed By:
Beverly Brown

South Island Realty

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1571073 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


ABC Imaging

Franchise Opportunity In HI
Cash Required: $75,000