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Asking Price$226,230
Revenue$308,446 Established2001
Cash Flow$83,753 Employees4 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Publication Company of Premier Well-Respected Glossy Community Magazines
Location Norwich - Fully relocatable
Asking Price £ 150,000
Established in 2001, this business produces and distributes five local glossy community magazines, covering Diss & Attleborough, Wymondham, Dereham & Watton, Norwich, North Norfolk and Suffolk.
These popular free distribution, full colour magazines have gone from strength to strength. The magazines are distributed via pick up points or door to door to homes and companies with virtual blanket coverage across a number of towns and villages. The magazines have a prime position within the five communities where they are distributed, and are well received and well read by many readers.
Diss and Attleborough has 8,000 monthly production
Wymondham, Dereham and Watton 8,000
Norwich 6,000
Norfolk on My Mind 6,000
Suffolk on My Mind 2,000 (Increasing)
Local businesses, particularly smaller businesses – partnerships and sole traders - contribute virtually all of the advertising sales revenue.
The success of these magazines has been based on providing a medium for the local community to spread details and information about issues and events throughout its circulation area as well as providing features that have an interest to the wide range of people that live within it.. These magazines cover the Norwich area – with very little competition offering similar coverage.
This business represents an excellent opportunity to acquire a well-established profitable free distribution magazine with a substantial, loyal advertising base and excellent growth prospects.
Facilities:Relocatable, no premises with this sale.
Competition:The magazines are extremely popular and as such promote a tremendous amount of self advertising. There are also two websites showcasing the publications and the business features on social media sites
Training/Support:Support and training will be provided to ensure a smooth transition of ownership
Sale Reason:The owner is an entrepreneur and is now looking at new ventures.
Ad #68425
Seller Reference #IE093
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Contact This Seller
Turner Butler
0044 1895256000
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