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Magazine & Publishing Group
Location: United States -> New York -> All of New York -> New York County
Industry: Media and Communication > Periodicals and Magazine Publishers




Business Summary

Restaurant Magazine with several pending projects looking for majority partner (80%) or buyer with the desire to expand into other markets. The best resource guide for fine dining within the Metro NY/LI market. Sales to Hi end advertisers wanting to reach this magazine's affluent readership. Annual publication, now in its 22nd year, features information on top-rated restaurants including a sample menu, color photo and other pertinent information. Has articles by chefs, restaurateurs and former NY Times Restaurant reviewer. 240,000 annual readership. Found everywhere magazines are sold - at least 1500 locations, including hotels and libraries, and on its web site. Beautiful high quality production value. Used as both a reference and coffee table book. Is one of the best-selling magazines in its market. This title can and should be expanded to every major market in the US. International expansion also suggested. Many potential spin-off projects include related web sites e-commerce, trade title, etc.

Published once a year but distributed 4 times a year. Owners have 5 months off per year before producing next annual edition. Owners seek full time working partner to purchase 80% of company. 100% purchase of the company may be available as well. Owners will provide extended training and transition and will provide long term support and assistance. Home based business. Prospective buyers are required to provide publishing and/or advertising sales background and financial qualifications before the name of the business can be disclosed and a meeting with the seller or access to additional information. Call broker, Joseph Stansky for more details. Proof of funds and required background are is required for name of this publication.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $396,566
Cash Flow:   $281,566
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retiring




Print Listing Id: 700321547
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Related Searches: Film  >  Internet Publishers  >  Newspapers  >  Periodicals and Magazine Publishers  >  Printing and Typesetting  >  Telecom and Networking  >  Telephone and Wireless Carriers  >  Television and Radio  >  Other Media and Communication  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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