An online Classified Ads website for a local area with 30,000 registered users. We also publish a monthly magazine, 7,000 copies - utilizing the content from the website.
I'm looking to sell my business, Islebuy Limited (www.islebuy.co.uk).
Islebuy is a Classified Ads website for the Isle of Wight, having over 30,000 registered users - to give perspective, the population of the Island is around 100,000.
We first began as online only, but soon moved to a monthly publication - printing 10,000 copies and distributing to cross-solent travel providers, supermarkets and many other outlets across the Island.
This magazine has turned a profit since Issue 1, with very minimal effort this has turned anywhere between £500-1000 profit per issue.
With the combined value of the standing of the website as it currently is, the contacts we have built and the business reputation we feel that the price stated is a VERY reasonable price.
I do not have the time to commit to the business, it also needs someone who is either good with accounts or is able to have an accountant bring these back up to date as I admittedly fell behind with this which has been factored into the pricing.