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Asking Price : $1,600,000

Annual Gross Revenue : $707,712

Annual Net Profit : $236,784

Profit Multiple : x6.76

Inventory Value: -

R-Index : 69

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From the Broker

Company is an online and in-print publication celebrating new and emerging writers. We are on the lookout for the best talent with hopes of publishing stories from writers who become popular authors

The Company operates four (4) websites dedicated to the elevation of amateur writers from aspiring to the path towards publication. Company has a history of strong, dedicated readership, exceptional growth, and leadership in the field of literary journals.

Each website is updated consistently with new fiction or poetry, interviews, articles, notes from editors, commentary, blog content, winner updates, lists of upcoming submission opportunities, writing craft articles, etc. All of this content is either written or procured by the three editors listed above. A cursory view of the above websites will show you the quality of content put forth each week

Each website runs approximately 4-6 contests / awards a year. This is the main revenue source for the business. Each award supplies aspiring writers with what we call the "Three P's": Prize, Prestige, and Publication. Each piece is critical in any writer becoming a represented writer on the way to a career in writing.

Business Model

90% of revenue above is via contest/award revenue. 8% online workshop, 2% book sales. No revenue is derived from advertising.

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Listed By

Sale Pending: No

First Seen: Thu, Nov 8th 2018

Last Updated: Fri, Nov 9th 2018

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