Established in 1978, the Company develops or acquires manuscripts, then edits, designs, and coordinates the manufacturing process through outside suppliers, then warehouses, markets, and processes orders. The Company pays royalties to its authors averaging 10-15% of net sales. The Company maintains exclusive rights on all its publications. The Company publishes primarily cookbooks along with select regional books. The owners now seek to divest its position in the Company and retire.
The Company maintains sales success with a variety of customers including QVC, Amazon, the leading book distributors, and wholesalers. The Company sells directly to many retail accounts, and to a large database of individuals. The Company has also had success with print sales to non-traditional book outlets, and with special sales, and is also developing increasing sales revenue from e-books.
A potential buyer may find the following key attributes about the Company attractive:
The Company is best known for a series of cookbooks, which have sold over 3,500,000 copies over the years. In addition to garnering a loyal fan base, this series has also led to a number of follow-up series and rereleases in recent years.
Customers associate the Company with a reputation of the highest-quality, easy-to-use cookbooks with recipes that enable anyone to create tasteful dishes. In addition to rereleases and expansion series, the next owner of the Company may benefit from this reputation and fan base.
Assets consist of Inventory $850,000 cost / $7,300,000 retail, A/R $480,000, FF&E $44,000.
The Company is relocatable and has numerous growth opportunities that are discussed in the book.
Asking Price Available On Request
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