HAMPTONS.COM - ONLINE MAGAZINE AND NEWSPAPER FOR SALE
(Publishing , Publishers - Internet & Broadcasting, Publishing , Publishers - Magazines/Periodicals; Publishing , Publishers?Newsletters; Publishing , P)
Suffolk County, New York
Listed Price: $ 5,000,000
Listing ID: XC1110220
Listing DetailsDown Payment: $ 2,500,000
Gross Revenue: $ 5,000,000
Cash Flow: $ 1,000,000
FFE: $ 5,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
CURRENT OWNER HAS MANY OTHER BUSINESS INTERESTS AND HAS NO REAL EXPERIENCE IN BUILDING A PUBLICATION SUCH AS THIS. THEREFORE, SINCE IT IS SUCH A SPECIAL PROPERTY, IT SHOULD BE OWNED AND RUN BY A PROFESSIONAL TEAM.
Training & Support:
SELLER WILL HELP ANY WAY POSSIBLE.
Listing SummaryBusiness Description:
"THE OPPORTUNITY OF A LIFETIME" THE ONLINE MAGAZINE AND NEWSPAPER " HAMPTONS.COM IS FOR SALE. This is like owning a piece of HISTORY or a Major piece of "REAL ESTATE ". Rarely can one find a BASIC GENERIC URL such as this to own. The current owner acquired this business by default. He really has no affinity towards , , nor any experience in this business .
THIS IS AN ENORMOUS "ONCE IN A LIFETIME" OPPORTUNITY.
The HAMPTONS is the WORLD RENOWN " PLAYGROUND TO THE STARS " AND THE " RICH AND FAMOUS ".
The opportunity to own and grow a business like this is UNBELIEVABLE.
Historical Summary:
IN BUSINESS SINCE 2005
Owner Qualifications:
BUSINESS MANAGEMENT SKILLS.
Competition:
THE ONLY " HAMPTONS.COM "
Potential Growth:
TOTALLY UNLIMITED
Financing/Terms:
NEGOTIABLE financials above are projections.
LocationLease Expire: 0000-00-00
Option: MOVE TO YOUR LOCATION
Lease Security: 0
Facilities:
CURRENTLY IN A COMMERCIAL OFFICE SPACE
OperationYear Established: 2005
Last Acquired: 2009
Days & Hours of Operation: 9-5 M-F
Owner Hours: 5
Employees: Full Time: 8
Managers: 1
Absentee Owner: Yes