Well-known Established Online Magazine

Los Angeles, CA (Los Angeles County)

Well-known Established Online Magazine
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Asking Price: N/A

Cash Flow: $90,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1986

Well-known Established Online Magazine

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Business Description

Well-known and Established Online Magazine in Los Angeles

A well-known brand established magazine (both digital & hard copy) for over 30 years. It is the only publication focusing on Hollywood, a world-famous destination. Over seven million magazines have been distributed. Currently publishing 5 issues annually (over 300,000 copies), the opportunity exists to expand frequency and grow media presence.

Currently targeting to both residents in the greater Hollywood area and to the millions of visitors it attracts, this is an.enormous opportunity to exploit a name known around the

World that can be realized by a new generation of entrepreneurs. Additionally, with over 2,000 weekly subscribers, their newsletter includes Hollywood special events, theater openings, art gallery openings, music and dance and reviews.

35,000 Households surrounding central Hollywood receive the magazine in their mailboxes where average home prices exceed $1 Million. 40,000 copies are picked up at Hollywood restaurants, theaters, galleries, museums and hotels throughout greater Los Angeles. Current yearly SDE averages $90,000 but a growth minded buyer could significantly increase sales and profits. Incredible seller support after the sale will ensure a smooth transition.

For more information, please contact Frank Costa at (626)395-0717 or at frank.costa@sunbeltnetwork.com.

Detailed Information

Location:
Los Angeles, CA
Employees:
2
Support & Training:
As needed
Reason for Selling:
Retirement
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(from currently available funds)
 
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Frank Costa

Business Listed By:
Frank Costa

Sunbelt of Pasadena

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Sponsoring Broker:
Angelica Michail, MBA, CBB, CBI

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