Generating considerable revenue from advertising with a combined distribution of 54,000 A5 full colour magazines, the aim is to bring local businesses and communities closer together. Thirty issues are produced on a bi-monthly cycle, well managed with good processes and strict deadlines in place. Content is 80% paid for advertising, the vast majority being business to consumer, the balance being relevant news, announcements and topical issues.
The combined ca 600 advertisers, many of whom pay direct debit, cover all trades and most feature long term in every relevant publication, all of which are similar in content and format but with minimal overlap between advertisers.
The current owners are keen to transition away from the business to allow a focus on other interests. They are open to discuss a transition period and sale of all or part of the operations which include not only the magazine titles but also a bolt on printing business, a business listing site and web design & development operation.
Combined operations have a current t/o of > 320K
The business could be run as a managed entity, or as an owner operator. The current owners provide a hands on management function backed up by a number of staff for account management, design, layout and publishing. Current operations provide a total Business Owner benefit ca £ 120 K
Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
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