Description of the business for sale
This listing is for a distribution business located in Northeast Florida. The company distributes mainly free publications on a weekly/monthly rotation, into retail locations, businesses, offices and box locations. Business currently maintains distribution list of over 2,000 locations. This is a unique opportunity for an individual business owner. Although there is competition in this field, the nature and structure of this business minimizes the competitive effects. The business presently distributes approximately 50 publications, including magazines for apartments, health, seniors, real estate, autos, Hispanic and entertainment. In addition, distributes annual and semi-annual tourism from various agencies. Revenue is generated by publishers paying this business to distribute their publications to exclusive and proprietary locations. Revenue is also generated by the publisher renting rack space. The business pays independent contractors to distribute these publications. Actual employee costs are minimal. This is a highly profitable business that has consistently netted over six figures, and with the economic downturn sustained this business by reducing expenditures. There is a large base of assets, including news boxes, racks, warehouse and office equipment that will be transferred with the sale of the business. Business rents a warehouse with loading dock and office that can be negotiated by new owner. No debt will be assumed thus providing a clean start for a new owner.
Support / Training provided by seller
Owner will train the buyer at no cost for three weeks.
Description of the facilities
Assets to be transferred with the sale of the business:
Inventory: $30,000
FF&E: $14,000
Customer List: $136,000
Vehicles: $20,000
Total: $200,000