Magazine Business For Sale in Cadiz

Cadiz

Rental

€23,000

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Property ID :

 OA0010

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Description

If you have drive, ambition and a flair for advertising and publicity, this is the ideal opportunity to acquire a very well established English language community advertising magazine based on the beautiful Costa de la Luz in South West Spain. The business is for sale due solely to our impending retirement, and will provide the basis for someone to establish for themselves an enviable lifestyle and ongoing and increasing earning potential. After all, in times of relative austerity, it is essential that any business that wants to survive needs to advertise, and this is the perfect opportunity to benefit from this situation…. the last year produced a net profit of 16,000‚Ǩ. This figure is easily attainable and can be increased with a little effort. Launched in 2006, the magazine rapidly became the number one advertising medium for the region, and has remained in that position since, being the only magazine of it’s type within a radius of 100 miles. The customer base is regular, and loyal, and without trying to attract any new advertising clients, there is a steady revenue flow. This full colour magazine has historically been published every two months and is distributed to shops, hotels, garages, restaurants, bars ‚Äì in fact anywhere where English speaking people visit. There is a website included and is used as a portal to the online edition of the magazine and the forum. There are currently about 300 members of the forum and there is also a small revenue from the advertising. The business is run by a couple wife with occasional input from a Spanish speaking advertising salesperson working on commission and is easily managed from a home office. Six years ago a deal was struck with a local printing company, and they have been consistent and reliable and above all very cost effective, enabling to maximise profits. Offers are invited in the region of ‚Ǩ48,000 for this opportunity and would consider part payment by way of U.K. Based assets (Boat, caravan etc). Any seriously interested parties will be welcome to visit to get a first hand view of the operation and there is even free accommodation offered for your stay (subject to availability).

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