Leeds, West Yorkshire West Yorkshire

For Sale £250,000
Property Details

Leeds, West Yorkshire West Yorkshire

For Sale £250,000
Description

Community Lifestyle Magazine

- Leeds West Yorkshire

Community Lifestyle Magazine

Published monthly for over 13 years, this successful family owned community lifestyle magazine presents an exciting opportunity for expansion in a thriving metropolitan area.

The magazine is very well established in the area with a readership in excess of 100,000 monthly. Its popularity is due to high community engagement, with a strong focus on arts, culture and community events. The publishers have established excellent relationships with local arts organisations and community groups due to regularly promoting local good news stories, highlight local campaigns and encourage local involvement.

The magazine is a glossy, B5 ‘handbag size’, published in two editions.  It is delivered free to thousands of homes in this affluent area. Distribution is also through local supermarkets,  community outlets such as libraries, community centres, health clubs, cafes and shops.
Each edition is available to read on the magazine’s website, which attracts over 60,000 visits per month. The title is also very active on Facebook and Twitter.

There is an active advertiser base of 140 monthly, with a renewal rate approaching 85 per cent. Monthly pagination averages 84 pages. There are modern, cloud-based systems in place for CRM, magazine production and accounting functions.

The magazine and website together provide a perfect vehicle for considerable expansion opportunities and significantly enhanced profit potential.

The current owners wish to retire and would be happy to assist with hand-over of what is, essentially, a turn-key business opportunity.

Turnover: £350,000     Net Profit: £83,000

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