Relocatable Online Fantasy Magazine for Sale, Active for 2 Years with Growth Potential
Relocatable
- Status
FOR SALE
- Advert ID
614603
- Freehold: Price on Application
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Currently Closed
- Small Business
- Offers Invited
- Owner Financed
- Home Based
Business Details
Small online magazine
Arena Fantasy Magazine colloquially known as AFM is a writing magazine focusing on fantasy stories. The magazine and E-zine are published four times a year. It has stories from up and coming authors and useful tit-bits of information on growing as a writer.
Magazines are published in March, June, September and December. AFM was created in June 2021Â
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I was solely responsible for Generating content, compiling writing competitions as well as cold calling and emailing potential clients for advertising as well as working full time. I did not have the personal capital or the time to employ staff. I'm looking to sell the business to somebody that has more time available to run this potentially successful magazine.Â
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Key Facts
In the two years it was activeÂ
Total value of Subscriptions - £230
Total value of Competition entries - £110
Advertising space sales - £60
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 With the right person at the helm and an effective team around them AFM could prove a very lucrative endeavour. With income growing 10 or even 100 times.Â
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The main way magazines were sold was via a well designed website with an external online shopfront. Sadly I am not the person this business needs.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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