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Automotive Magazine Bi-Weekly For Sale

Details: Asking price:$550,000; Sales revenue:$258,000; Net profit:< $250k; Fixtures value:$35,000; Inventory value:Undisclosed

Business description: Established automotive magazine for sale in Illinois. Published bi-weekly with weekly potential. Established clientelle, established coverage area, distribution in key areas. Newly established top-of-the-line interactive website with huge additional potential. In addition, established monthly publication for an automotive dealer published also. Could be very ideal for someone with an already established publication and current administrative employees that could handle such duties without having to be on location.

General information: Years established:9; Employees: 4; Trading hours: Mon - Fri, 8am - 5pm; Real Estate: Lease; Lease terms:Officed leased monthly at $400.00 per month plus utilities.; Location:Current location a sales office only. No foot traffic needed.; Expansion potential:Huge expansion potential. Opportunity for additional publications opperated out of 1 location, additional types of publications. This potential is not only in print, but online as well.; Support & training:Owner willing to assist on location as employee for up to 1 year.; Reasons for selling:Opportunities in different part of the country.