Summary: 
Resort Town Dining Guide Magazine For Sale. Owner retiring. Full website included. Huge potential for right person. Owner financing . Support provided. This is a great opportunity to add onto an existing business already in promotion and advertising. Or, this may be viewed as a great part time opportunity. This niche business specializes in marketing and advertising local and regional restaurants. Utilizing an exclusive and unique approach, the business produces as many as four annual publications which are distributed throughout 7 major cities. The publications are enhanced by a robust online experience. Combined they make an attractive package for restaurant owners looking to get the word out and diners looking for something different. Distribution of this product is handled and in place canvassing a huge metropolitan area including concentration in a resort area. The mechanics of producing the publication are in place, as are experienced individuals who handle layout, logistics, and creative. The publication makes it easy and inexpensive for restaurant owners to get noticed by hundreds of thousands. Over three years the business has established a brand and the publication is recognized. Restaurant owners are familiar with the product, and perhaps the biggest complement, have afforded the owner the reward of repeat business. Evidence the concept is working. The business and owner are at an interesting juncture as the owner has decided to prepare for retirement. This publication is one part of the owner’s total business. Selling this portion begins the retirement process, and begins the process of transitioning the business to a new owner who will have the opportunity to accelerate the firm to the next level, as the product has room to grow. Currently the publication project is on hold with the intent that the launch of the next publication will include transitioning a qualified candidate to the business through a diminishing transition plan or alternatively through a partnership which concludes in the future with a buyout. In either approach a high level of training is part of the transition as is some level of owner financing for the right candidate. For more information call Frank Chebalo, Advanced Business Brokerage, at 757-478-8346, or email at: frank@advancedbusinessbrokerage.com
Business Type: 
publication
Location: 
Virginia
Price: 
$15,500
Sales Revenue: 
$40,000
Cash Flow: 
$15,000
Realestate Included: 
No
Internal Listing:: 
1515
Reason for Sale: 
Retirement

Resort Town Dining Guide Magazine For Sale. Owner retiring. Full website included. Huge potential for right person. Owner financing . Support provided. This is a great opportunity to add onto an existing business already in promotion and advertising. Or, this may be viewed as a great part time opportunity. This niche business specializes in marketing and advertising local and regional restaurants. Utilizing an exclusive and unique approach, the business produces as many as four annual publications which are distributed throughout 7 major cities. The publications are enhanced by a robust online experience. Combined they make an attractive package for restaurant owners looking to get the word out and diners looking for something different. Distribution of this product is handled and in place canvassing a huge metropolitan area including concentration in a resort area. The mechanics of producing the publication are in place, as are experienced individuals who handle layout, logistics, and creative. The publication makes it easy and inexpensive for restaurant owners to get noticed by hundreds of thousands. Over three years the business has established a brand and the publication is recognized. Restaurant owners are familiar with the product, and perhaps the biggest complement, have afforded the owner the reward of repeat business. Evidence the concept is working. The business and owner are at an interesting juncture as the owner has decided to prepare for retirement. This publication is one part of the owner’s total business. Selling this portion begins the retirement process, and begins the process of transitioning the business to a new owner who will have the opportunity to accelerate the firm to the next level, as the product has room to grow. Currently the publication project is on hold with the intent that the launch of the next publication will include transitioning a qualified candidate to the business through a diminishing transition plan or alternatively through a partnership which concludes in the future with a buyout. In either approach a high level of training is part of the transition as is some level of owner financing for the right candidate. For more information call Frank Chebalo, Advanced Business Brokerage, at 757-478-8346, or email at: frank@advancedbusinessbrokerage.com

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