Publication Company of Premier Well-Respected Glossy Community Magazines.
Location Norwich - Fully relocatable.
Asking Price £ 150,000.
Established in 2001, this business produces and distributes three local glossy community magazines, covering Diss & Attleborough, Wymondham, Dereham & Watton and Bury St Edmunds plus there is an additional glossy magazine covering Norwich that went into production six months ago. The new magazine has an estimated £250,000 of advertising revenue going into it.
These popular free distribution, full colour magazines have gone from strength to strength. The magazines are distributed door to door to homes and companies with virtual blanket coverage across a number of towns and villages. The magazines have a prime position within the three communities where they are distributed, and are well received and well read by many readers.
Diss and Attleborough has 11,000 monthly production
Bury St Edmunds, 18,000
Wymondham, Dereham and Watton 18,000
Norwich already distributing 10,000
Local businesses, particularly smaller businesses – partnerships and sole traders - contribute virtually all of the advertising sales revenue.
The success of these magazines has been based on providing a medium for the local community to spread details and information about issues and events throughout its circulation area as well as providing features that have an interest to the wide range of people that live within it.. These magazines cover the Norwich area – with very little competition offering similar coverage.
This business represents an excellent opportunity to acquire a well-established profitable free distribution magazine with a substantial, loyal advertising base and excellent growth prospects.
Asking Price $190,476
Converted From GBP
Exchange Rate $1.27
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