OWNER HAS OTHER PUBLISHING INTERESTS AND MUST SELL THIS COMPANY THIS SPRING.
We are pleased to be representing a small, yet known name in Sports Publishing.
The golf instruction side features premier, PGA Hall of Fame level authors, teaching various approaches to improving your golf game, from swing to mental attitude. This side represents roughly half the revenues, and these titles, including DVD products, do not go out of style and are virtually forever backlist products.
The coaching education side features long time experts in the field of coaching education. The company has leveraged the content of these books and materials into other forms of custom publications for various sports groups, youth sports councils, and training opportunities nationwide, also creating roughly half the revenues.
Gross average last five years slightly over $200,000… Net average of $62,000. annually. Other assets including inventory, A/R, IP assets, total $90-$95K. Growing company but, as with many others, owner can only do so much with limited time, energy, and funds for expansion. Would blend nicely with a golf or coaching related publisher, or a general sports company who might be weak in these two areas.
Was asking $270K… Owner has other publishing interests and MUST sell the company this spring! Now considering offers in the $200K-$220K… a 25% reduction in the price!! Let me know quickly as the golf season approaches… a great price for a great company!
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