A successful Monthly Publication with Advertisement Revenue for Sale in Lucknow
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It is a monthly Yellow Pages publication agency with 17000+ free circulation in posh residential localities of Lucknow. Started in 1999, it is registered with the Registrar of Indian Newspaper, Delhi. Their revenue is generated from advertisements received from the clients. Some of their clients have been associated with them since the business started and have been renewing their advert every year. They have more than 10 advertisers associated since the business's inception while more than 20 have been associated with them since more than 5 years.
The business enjoys goodwill from its readers and has a very good reputation with its vendors. The credit cycle for the vendors is 30 days. It has been generating 20 - 30 % profits regularly. There is competition in the market but only from non-serious players who only last for 2 - 3 years.
The asking price for this business is INR 22 Lakhs (Negotiable).
Reason
Want to focus on other ventures.
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₹10 to ₹200 Cr
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