Fine Dining Magazine For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $286500
Net Profit / Cash Flow $192110
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interest.
Description The best resource magazine for fine dining within the areas it covers (Westchester County, NY and Fairfield County, CT). Annual publication, now in its sixth year, features information on top-rated restaurants including a sample menu, color photo and other pertinent information. Has articles by chefs, restaurateurs and NY Times Restaurant reviewers. Found everywhere magazines are sold and on its web site. Beautiful high end production value. Used as both a reference and coffee table book. Is one of the top 3 best selling magazines in all its markets. Has grown from 100 to 200 pages in only six editions. Sister magazine is a newer top-selling Lifestyle Magazine in one of its most affluent markets. Contact broker for information on purchasing this sister publication. Buyer will own 60% of this magazine and work with trademark holder (who publishes 2 other similar publications) and will have right to publish for a minimum of 7 years; will retain all net income less a rights fee of $25k per year. Magazine group will be sold after 7 years and buyer will receive 60% of the proceeds attributable to this magazine. Prospective buyers should be prepared to provide publishing and/or advertising and financial qualifications before a meeting with the seller or access to additional information. A full non-disclosure agreement will also be required. Contact broker for more details.
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