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Europe's Oldest Mind Body Spirit Magazine For Sale Profitable & Growing

Undisclosed London
Launched in the 30's, this trusted and well respected well being magazine is available for sale round UK and Europe. Annual sales of £370,000: Profits of £130,000. 3 employees + 1 sales agent. Plans to launch a travel operation and 2 new titles in 2012. Freehold to buy Europe's Oldest Mind Body Spirit Magazine For Sale Profitable & Growing is located in London.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70775
ADVERT IMPRESSIONS : 16,748 TIME(S)

 
BUSINESS SECTOR: Services
TRADE TYPE: Advertising & Marketing
SALE: Private Sale

FREEHOLD:

£350000
 

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BUSINESS DETAILS:

Established in the late 1930's this is still one of the largest well-being / new age magazine in print (available across Europe but predominantly in the UK). This magazine has one of the most respected and trusted well being brands with significant subscriber base and growing online community via Facebook and Twitter. Highly profitable with 13 volumes per year plus an Annual edition, total sales are $575,000 or £370,000 split across print advertising, digital sales, subscriptions and retail. There are only 3 employees plus sales agent. Monthly payroll cost is circa £7,000 plus 10% sales commission on all advertising sales. Print runs are circa 20,000 - 25,000 with readership of circa 50,000. Annualised profits are £130,000 with 2 new titles to be launched in 2012. This is a "home based" company with all employees working from their bases in London. A branded travel business is due to launch in Spring'12 to offer readers and a growing digital community some rich well being adventures. NOTE: This would be a sale of the "trade" not "equity" therefore the employees would TUPE over to the buyer.
   
  FOR SALE
   

REFERENCE:

70775 / RightBiz
   
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