Listing Number: 83341-87476
Recently founded 4 years ago, this magazine operation zigs while everyone else zags. Owner entered space when he found everyone was running away from it, and he found a blue ocean instead of a red one.
This is a Luxury and Fashion Magazine for the opulent. The business is streamlined and monetized with a net margin greater than 50%. Just look at the numbers! The magazine is placed in the wealthy Manhattan and NYC suburbs from Doctors offices, to gyms, to Salons. All revenue streams stem from the companies paying for advertisement. Covers and stories feature celebrities. Owner is looking for either full buyout, or preferably partnership. He loves what he does, and feels he can expand to new locations and outperform anyone.
Asked how he feels about his magazine, his response will be "If it was lying on the floor, you can't not pick it up, it beckons you!"
- Price: $2,500,000
- Down Payment: $2,100,000
- Sellers Discretionary Earnings: $1,610,963
- Total Sales: $2,507,789
- Location: Kings, New York
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: Buyout or Partnership
- Category: Publishing