Media / Publishing businesses for sale in Tunbridge Wells

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Magazine Publishing Company Kent/Sussex Area

Tunbridge Wells, Kent, England

  • Leasehold Price: £159,950
  • Under Offer
  • Annual Turnover: £762,000
  • Annual Net Profit: £50,000
Seller Reference: 11183
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Business Description
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Seller Reference: 11183
Request Details
Business Description
Well established magazine publication company located in Kent & Sussex and operating for over 26 years producing two main magazines distributed by hand to over 45,000 homes in the Kent & Sussex area plus other smaller publications. Turnover for year end March 2017 was £762,382 with a gross profit yield after wages of £125,201. The business operates from an office with a reasonable rent and has a full time editor and further 10 staff. The owner is now wishing to retire but would offer to a potential buyer a hand over period to properly transfer the business. The magazines write articles including lifestyle food & drink arts & culture family matters home & garden and news & sports. The business has great potential to increase the present turnover in an enterprising new owners hands.
Location Details:
Located in Kent
Leasehold Term:
The office is secured on a lease with a rent of around £20,000 per annum
Listed by:
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