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  • Listing No.: 118-10283

  • Category: Auto

Asking Price $75,000
Down Payment $0
Gross Revenue $240,000
Total Adjusted Net Income $1
Equipment/Fixtures $0
Year Established
General Location
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The owner started this car enthusiast magazine two years ago and has taken it as far as he can grow it.  The goal is to find a buyer that is already in the space and can add the product to an existing portfolio.  This will allow for better scale and product diversification as well as the ability to better leverage advertising and retail client relationships.  This is a focused magazine with website that has a growing subscription base as well as online subscription services for those that want digital issues.  The website also is supported by advertising and includes an online store and shopping cart.   The current release of issues is every other month.  For 2016  revenue is projected to be $240,000 from a mix of advertising, subscription, retail, and apparel. Owner seeks entrenched buyer that can take this business to the next level.

Gross Revenue $240,000 Listed Price $75,000
Total Income $1 Down Payment $0
Base Rent $0 Square Feet 0
Total Rent $0 Lease Expiration
Rent Deposit $0 Lease Options
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $0 Other Assets
Full-Time Employees 0 Training Period
Part-Time Employees 0 Special License Required
Contract Staff 0 Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.