Media / Publishing businesses for sale in London

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Solid B2B Media Business for Sale

London, England

  • Price: £1,500,000
  • Annual Turnover: £1,000,000
  • Annual Net Profit: £250,000
Seller Reference: PAX071592792
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Business Description
Seller Reference: PAX071592792
Request Details
Business Description
The business is a B2B publisher and event organiser that was established in 2007 and based in London.

Since inception the business has grown to become a well-respected market leading media business that has developed a strong reputation within a niche sector of IT. As a result solid relationships have been forged with vendors, end users, and a network of suppliers.

The business employs 12 full time staff (3 non-sales – 9 sales). The business is self-sufficient and requires minimal involvement of the owner who attends the office two day a week with the major bulk of communication taking place via email and telephone. The customer base is strong, the products well respected, and the staff committed.

The business consists of:
• 3 x news based websites
• 3 x Annual Conferences
• 3 x Annual Awards Programs
• 2 x Network events
• Sundry ad-hoc marketing opportunities

Strengths, Growth & Expansion
The group of products are easily identifiable within their sectors due to brand, market share, and mind space. There remains little to no competition in one of the sectors and what little there is, is produced by a few individual organisations where media is not their core business. Across Europe these products clearly and dominantly lead the market.

The growth potential in the UK and Europe for the products themselves is vast with many additional opportunities yet to be maximized. Duplicating the current portfolio and business model further afield to include the Americas and Asia, where growth in this niche is strong, is a very real possibility. Launching the current products in individual European countries and servicing them from location is also a very real prospect. The websites, industry association, and general digital media are other immediate streams of untapped revenue.

Business Management & Sales
Sales are fluid and are generated through sponsorship, advertising, awards nominations and table sales, as well as delegate and ambient media sales. These are conducted by sales people and overseen by the sales manager who also inputs in to the wider sales of the business. Two or three more sales resource could easily be added to ensure a very quick growth in revenue.

Design, editorial, and production are also managed internally by an experienced in-house designer and journalist.

The day-to-day management of the business is handled by the owner thus making the business totally and wholly transferable to a larger media business or as an exciting ‘hit the ground running’ prospect for an individual owner.

Location & Set-Up
The business currently operates from offices in south London with an annual tenancy agreement in place running from each September.

Up to date IT equipment, to include VoIP phones, Apple Macs, printers, and normal sundry items are also included in the sale.

Notes
The business is offered for sale on a confidential basis. There are no agents or third parties involved in the sale.

No Agencies Please!
Number of employees:
12
Is this business relocatable:
Yes
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