Don't miss out on this exceptional opportunity to acquire a well-established magazine business, serving two affluent towns in Hertfordshire since 2001. This would suit either an individual or existing business located in or around the Herts, Beds, Bucks border.
Originally purchased in 2018, this successful business boasts two quarterly printed publications, each reaching over 22,500 households with an estimated readership of 67,000 (based on industry standards).
In addition to the printed editions delivered via Royal Mail for maximum credibility, both magazines offer digital versions and a monthly newsletter to maintain continuity. With a solid foundation, the business already has confirmed bookings for the upcoming years, projecting revenues of over £61,000 (as at April 2024) for 2024, plus values already in the system of £10,000 for years 2025 and 2026.
Renowned for its appealing design, comprehensive local news coverage, and engaging content, these magazines have cultivated strong relationships with their readers and advertisers over the years. Revenue streams are bolstered by loyal clients who frequently book advertising series in these highly regarded publications and offer testimonials on Google.
Under the current owner's management, the business has undergone a significant transformation updating it for the 21st Century facilitated by a new website, extensive social media activity and a specialised CRM system, and it continues to be a profitable enterprise.
According to media research firm Enders Analysis, there were 330 magazine launches last year (over 400 in 2018) with many of them being niche publications. “Everyone’s attention is scattered online,” said the owners of the iconic NME as it returns to print to “bring back a more meaningful experience, where you can fully appreciate the content without constant online distractions.” BBC News Sept 2023
Take advantage of this opportunity to step into a thriving business poised for continued success.
