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Listing ID: 3414 Total Viewed: 588

Health Magazine For Sale

Singapore

Asking Price : SGD40

Revenue: SGD20K - 50K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD10K - 20K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD5K - 10K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Quarterly average

Reason To Sell
Due to Australian expat owner retirement from activities in Singapore. Local manager needed.
Business Description

Consumer Health magazine for sale. Low entry cost. Media Development Authority Approved (the business has a current MDA permit). Unique distribution points and readership/audience. Two trial editions successfully completed. The magazine has not had sufficient time or ongoing editions published to be established in the market place - therefore a low entry cost. All training and supervision provided during handover period (2-3 months) . Content prepared by seller for two more editions in order to establish the magazine. Full assistance with advertising revenue provided. 


The magazine occupies a perfect market niche without direct competition. It has a captive audience and has had an excellent readership and advertising response. In addition, all I.P for a Hospital patient handbook service previously active in Singapore for many years, will be transferred, inclusive client database, past advertisers, current alliances, etc. 


These publications are being discontinued only due to present Australian owner retiring from Singapore activities and the constant commutes to Singapore from Australia 5 - 6 months of the year. The business has been operated and managed in Singapore by one person. Growth will require one manager and one or two sales and marketing staff members. Design and print is low cost and contracted to local Singapore companies. Distribution is very straight forward. Advertising Revenue needs 12 months marketplace activities to grow and establish. 


The Hospital Handbook service requires active local representation to acquire new publishing contracts. As the business has been operated by only one person manpower has been the stumbling block. 


The new buyer will benefit from present owner's vast experience in the Singapore consumer healthcare arena - distribution database, client database, product I.P, Marketing plans, sales and marketing methods. New staff can be trained by the Australian seller. 



Business Operations
Business Hour:
9-5 Mon-Fri
Supporting and Training:
2-3 months Training provided. Management of 2 further Consumer Health magazine editions. Training and Assistance in marketing and acquiring contracts for Hospital Handbook services
Staff:
2 Local
Property Information
Premise Status:
Rent
Premises Detai:
Virtual office Singapore CBD
Relocatable:
Yes, it can relocate to other place
Other Information
Competition:
Nil direct competition for clinic magazines
Expansion Potential:
Significant

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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