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One Of The UK's Oldest Well Being / New Age Magazines for Sale

Price:
Freehold - £175,000
Turnover:
Register to view
Seller Ref:
PAX07165942
Location:

London, LONDON

Business Type:

Corporate Businesses, Entertainment & Leisure businesses, Service Businesses

See Other:
Other entertainment & leisure businesses for sale in London
Publishing for sale in London
Leisure businesses for sale in London
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Description:
THE BUSINESS:
Established over 70 years ago, this magazine has an excellent reputation for providing strong well being editorial and extensive astrological content. Highly profitable with 13 volumes per year plus an Annual edition

Total sales are approx. £400,00 split across print advertising, digital sales, subscriptions and retail.

Annual profits are approx. £80-100,000.

There are only 3 employees plus one sales agent. Retail distribution includes all major UK retailers including Tesco, Asda and independents. There is a growing subscription base of over 1,700 and successful online presence with daily magazine downloads driving up digital sales.

The team are home based workers in / around London but the business can migrate to any region.

New sales opportunities include a "new age" travel joint venture with a premium well known brand and an events based operation.

NOTE: The Owner wishes to sell the "business" not the "shares" in the company.
3 employees would TUPE over to the Buyer. Full details will be supplied under NDA.
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