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BUSINESS FOR SALE - PROFILE #  8790013

Sailing Magazine
Sarasota

Asking Price: $105,900   Down Payment: $105,900  
Gross Revenue: $190,049   Adj. Cash Flow*: $43,070  
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Executive Summary

Growth potential highlights this well-established home-based business.  Owner is retiring.  The company is the publisher of one of only five free newsprint magazines in the US dedicated to sail-boating.  Revenue is based on advertising and has been very steady over the years.  The magazine is delivered to over 500 coastal locations in the southeastern US - from Texas to North Carolina and the Bahamas.  The company was established in 1993 and was purchased by the current owner in 2002.  Over 146,000 copies are printed annually.  The company has no employees but relies on contract labor for new business development, graphics, layout and proofreading.  A buyer must be computer experienced, and sailing experience is a plus.  Two existing websites are included in the sale and are ready for expansion for growth.  The use of social media is another area for growth as it has not yet been explored by the owner.  

Acquisition Highlights

  • Financing Information:  Seller financing is available for a qualified buyer.
  • Training Information:  4 weeks
  • This business is home-based
  • This business is not a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)

Established in: 16 Inventory:
Employees: 0 Furniture, Fixtures & Equipment: $48,467 Included
Real Estate:
Other: $80,000
    Total Assets Included in Sale: $48,467
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ronald P Guertin
Phone:  (941) 906-8722
Other:  (941) 962-8041
E-mail:  rpguertin01@gmail.com
Sinclair Business Brokers
8586 Potter Park Dr.
Sarasota, FL 34238
www.sbbfl.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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