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Intelligent Business Transfer are pleased to bring to the market this excellent opportunity to take on a highly regarded publisher of two local magazines, which possesses significant advertising revenue. Its large and affluent readership, great reputation and proactive approach to creating and maintaining client relations have all spurred its impressive annual turnover of £114,568.
This business appeals to a new owner with a background in advertising or media, ideally within the publishing sector. In this instance, they would be able to make small changes to develop the business’s financial gains even further. Contacting previous advertisers or approaching new clients would bring increased revenue via advertising, as would including additional pages for adverts. Although marketing via phone calls, email campaigns and in-person networking is already in place, further contact could be made to new clients or readers by expanding the area of coverage to new areas within South Devon.
The current owners have agreed to stay on for a transitional period of 3 months to familiarise the new owner with business operations and is open to extending this period if required. They have approached Intelligent Business Transfer to find a suitable buyer.
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