Business For Sale

Well Established and Profitable Magazine


Ref: IE097
Location: Norfolk, United Kingdom
Asking Price: £130,000
Annual Turnover: £93,000

Annual Net Profit: £42,400
Gross Profit: £52,000
EBITDA: Not Set
Premises Type: Relocatable

Business Description

Business Profile

The magazine was originally founded in 2005 to keep the residents and communities of part of Norfolk informed and connected.

The fully independent and locally based magazine publishes 12000 copies a month in hard print plus digital format.

The magazine offers an interesting and thought provoking collection of editorial, regular columns, community events and information.

The magazine has excellent links to the community, local businesses, local radio, local theatre, local politicians and MP.

Readers, both residents and visiting tourists, are encouraged to visit and use local businesses who advertise and contribute to the magazine. The magazine acts as a monthly directory for the best local businesses as well as a useful and engaging What’s On in the local area.

The magazines are a handy size, packed with the latest news, local information, regular features, interviews and competitions, to ensure residents retain the magazine as an easily accessible reference guide until the next one is published.

 

Clients:

The business has a large and loyal client base ranging from local tradesman, local restaurants, holiday homes and care homes, the magazine has a proven track record for increasing sales and awareness of local businesses. Many of the advertisers have been with the magazine since outset. The magazine has contracted future advertising revenue from existing clients.

 

Technology:

All necessary equipment is in place required to run this successful digital and printed community magazine. This includes web domains, email addresses and database.

 

Growth and Expansion:

The business has many opportunities to grow both in readership, advertising and content. The digital marketing and website could be further enhanced to provide additional advertising revenues.

Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.

 

Confidentiality Form / NDA

If you would like to receive further information about this business please submit the Confidentiality Form by clicking the button below.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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