MediaFund Ltd have been exclusively mandated to find a buyer for a prestigious and profitable heritage magazine business serving the art world. They are looking to find a qualified buyer who will develop the brand, build on the business and enlarge the number of faithful clientele.

Latest financi…

MediaFund Ltd have been exclusively mandated to find a buyer for a prestigious and profitable heritage magazine business serving the art world. They are looking to find a qualified buyer who will develop the brand, build on the business and enlarge the number of faithful clientele.

Latest financial reports showed revenues of c.£200,000 with a 10% net profit. These revenues are funded by display advertising, listings, reader subscriptions and some contract publishing.

The business could be grown by updating the business’ online presence, expanding social media reach and sales activity to advertisers, as well as exploring ways to monetise the proprietary data held in the 35 year archive of published issues of the magazine.

This business could appeal to an established publisher or an individual with interest in the sector. The owners would be pleased to offer a transitional period to ensure a smooth handover.