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One-person, Profitable English Tourist Periodicals In Croatia For Sale

Split, Croatia
Asking Price:
€250,000
Sales Revenue:
Under €100K
Cash Flow:
Available on request

We are based in Croatia, now firmly on the international tourist map with more than 50 million visitors a year. Split, the second largest city, but with only 180,000 people is booming, with more than 250 restaurants, new hotels, the best island ferry connections and more. We are the only native, once a year, English newspaper here and our success has multiplied each year and now after a decade, the "brand" is well known and respected. Over the years we have added two more Discovers, as well as guides and own the websites/names to the key cities and towns here.

We also own the name "Discover" for all of the major tourist cities and towns in the rest of Croatia making future expansion quick and easy since all our publications are free and the tourist board of each city/town love the idea of getting such high quality publications free and help us with editorial and distribution.

We are also open to franchise, or buy the whole chain and expand internationally!

Each publication also has its own website, which are not being monetized, but easily can be.

Currently operated by myself, a new owner can do the same--this is a business that requires no employees and takes only 3 months of work, giving you 9 months to enjoy. Terrific renewal rates, our designer and printer and accountant have been with us since the start, so getting acclimated will be simple and trouble-free. And, of course, we will stay on with the new owner for a year to make sure the transition is smooth.

If you would like to know more, and are serious, please contact me. After a decade of living here we have now decided to focus our attention on sustainable development/agriculture and other initiatives.

The business company is registered in Croatia

In business for 13 years, clear history, no debt, no arrears.
Focus is publication of free, annual tourist newspapers, written in native English, Each paper is supported by the local city tourist office (giving the right to their content and photos and their logo which shows they support the project, which tourists like to see!).

Each year, only 10-20% of the publication changes, since What to see and do, Getting around, and other pages rarely change. Most of the changes are new photos, new Restaurant ads and updating any new "events" or features that are now part of the tourist experience in that city.

Finances: Income is generated 100% from advertising. Renewal rates are 80-90%.

Additional funding from Dalmatia county and Split Tourist boards. Use of these funds are not restricted. We invoice, they pay. This support began in 2016 and has continued since--we will assume it will be permanent. Increases can be asked for, however.

Existing format makes changes simple and fast, once a year publication requires less time

All newspapers have same format/design. 2/3 page editorial, 1/3 advertising

Newspaper l. 16 pages, 50,000 copies, published once a year
Newspaper 2 16 pages, 35,000 copies, published once a year
Restaurant Guide: 28 pages, 30,000 copies, published once a year

Published previously and are easily re-started now that Covid appears past
Central Dalmatia/Split Travel Guide 100-136 pages, 50,000 copies, published once a year
DiscoverHvar 16 pages, 40,000 copies, published once a year
DiscoverKorcula 12 pages, 20,000 copies, published once a year


For more information, please contact us by using the form below.

Property Information

Location:

Split, Croatia

Premises Details:

Home operated

Business Operation

Expansion Potential:

Enormous--we own the URL websites to more than dozen key cities and towns in Croatia where new publications can be started.

Competition / Market:

We are the only English language annual tourist newspaper, restaurant guide and travel guide in Dalmatia. There are other tourist periodicals, maps, etc. but we are the advertising leader

Reasons for selling:

Owner is of retirement age and wants to focus on consulting

Trading hours:

3 months to create new edition, 2 hours a day to distribute, driver with truck delivers to hotels once a month in season.

Employees:
Director, as required by law, but no salaried, only pension/health costs paid
Years established:
2009

Other Information

Support & training:

We will be with new owners for l year to make sure transition is smooth

Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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