68004 Successful Magazine Publisher
Professional - Advertising/Mkting, Services - Print/Photo
Description: Currently publishing seven national titles, this Australian publishing house has grown steadily through a passion for development and growth of consumer publications and clients through extraordinary customer service and a commitment to an intimate and comprehensive understanding of the goals and objectives of its clients.
With a head office contingent of 5 together with part time and freelance teams of around 24 people, costs are kept to a minimum. Head office is well managed by a
managing director, editor, designer, sales manager and bookkeeper. This team has a good hand on the business with everything well under control.
With a constant eye on future development, plans are already in train to obtain two international magazines in the business and fashion fields, as well as a new custom title for 2017 with a current major advertiser.
Massive goodwill in the brand due to 10 years of never missing a due date for a supplier payment.
Opportunities to grow the wholly-owned consumer brands internationally via either syndication or company-funded launches.
Well established management team in place.
Current owner would be willing to stay for a transition period to ensure the future profitability of the company
This is a well managed, low risk business with 10 years of steady and growing profits and the structure in place would ensure a smooth transition for the new owner.
Price: $ 4,250,000.00
Stock Value: Upon application
Net Profit: $ 1,079,000.00
Turnover: $ 4,400,000.00