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A recently started advertisements paper publishing company with a free distribution of 35000 copies in Greater Noida is for sale. Started in beginning of January 2015 and successfully established itself in Greater Noida. Currently the paper is published fortnightly with 4 pages (sides) full of advertisements from local businesses including adverts from beauty salons, schools, builders, doctors, etc. The printing is outsourced. At present we have 40-45 customers and aim to reach 300-400 customers for weekly advertisements. Presently, the revenue is around INR 70K per edition. Due to financial constraints, unable to generate high revenues but target is to achieve INR 26 Lacs revenue in a year. Own a domain for online classified which is not active yet but will be used very effectively get advertisements from across India. Huge possibilities of growth by establishing franchises all over India. Invested around INR 6-8 Lacs to date. Seeking investors/partners to infuse funds for meeting working capital requirements and expansion plans. Also open for outright sale. Offers can be discussed.
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Working Capital Required
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