A successful digital publication business based in British Columbia is now for sale. Specializing in music books, this company boasts an extensive collection of close to 3000 titles primarily in downloadable PDF format. With a proven track record of revenue growth, this business is primed for further expansion and development. The asking price is not formally set but is estimated between $1.5 and $2 million USD.
Business Financials (in USD):
The business has consistently generated revenue between $400,000 and $500,000 over the past three years.
Profit Margins:
Profit margins are robust, ranging between 60-70% due to low overhead. The primary expenses include royalty payments to authors and minimal operational costs with one part-time subcontractor.
Growth Opportunities:
The business is well-positioned for growth, offering several expansion opportunities:
• Staff Expansion: Bringing on additional team members could accelerate the rate of new book releases.
• Print and Language Expansion: There is potential to expand into printed formats and offer foreign language editions.
• Print-on-Demand: The company has initiated a drop-ship printing service and is considering leasing commercial printing equipment to support global print-on-demand options.
Marketing & Customer Base:
With a substantial email marketing list and a solid text marketing contact list, the business has significant opportunities for targeted marketing campaigns to boost future sales.
Additional Information:
• Business Type: Digital Publication
• Location: British Columbia
• Estimated Asking Price: $1.5 – $2 million USD
• Reason for Sale: Owners are exploring new opportunities
Note:
This business may be suitable for Provincial Nominee Programs (PNP) and Federal Business Immigration Programs, offering qualified buyers a pathway to business ownership in Canada.
With established processes, low operational costs, and a respected position in the market, this business is ready for a new owner to capitalize on its growth potential. Financing options may be available for qualified buyers.
Next Steps
Sobirovs Law Firm specializes in assisting foreign investors who are buying a business and planning to relocate to Canada. You can focus on your business while we focus on your permanent residence and, ultimately, your citizenship in Canada.
If you are interested in this or any of our other listings, complete the form below to learn more about the business purchase and immigration process.