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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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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