Do you want to start a magazine business by buying a franchise? If YES, here are 7 best magazine franchise opportunities for sale and their cost.
If you live in the United States of America, Canada, United Kingdom or in any part of the world, and you are old enough to read, you would have come across several magazines. Magazines are periodic publications that contain articles, pictures, and stories of interest. They are printed or electronically published. If it is electronically published, then it is called an online magazine.
There are several niches and loads of well – known magazines that are sold all over the world. Magazines are published on a regular schedule; it can be weekly or monthly or even quarterly and they usually contain a variety of content based on the market the magazine is designed for.
The United States’ magazine industry generates a combined revenue of over 27.29 Billion U.S. dollars with magazine advertising alone generating over 15.2 Billion U.S. dollars.
You might want to leverage on the franchise business model to set up your own magazine business. This is one of your best bets because entrepreneurs regularly seek the best franchises available. Franchising is a $1.3 trillion industry and nearly 750,000 businesses employ more than 8.5 million workers, according to the International Franchising Association.
The fact is that franchises are considered superior to start-ups, so here are some of the best magazine franchises to buy in the United States of America.
7 Best Magazine Business Franchise Opportunities for Sale and Their Cost
- HerLife Magazine
HerLife Magazine is one of the leading women’s magazine in the United States of America. It was founded in 2007 and they have been franchising since 2010, about 9 years ago. HerLife Magazine has her corporate head office at 7275 W. 162nd St., #107 Overland Park, KS 66085. The company is seeking new franchise units from interested investors from the United States of America.
- Initial Investment – $50,000 – $95,000
- Net-worth Requirement – $100,000
- Liquid Cash Requirement – $100,000
- Initial Franchise Fee – $30,000 – $30,000
- Ongoing Royalty Fee – 7%
- Next Step Magazine
Next Step Magazine is a college/career planning mag. for high school students in the United States of America. David Mammano wanted to share information about college, career and life skills with high school students so he founded The Next Step magazine in 1995.
The magazine was originally created for students in New York, but in 2000 it began distributing in classrooms, guidance offices and at college fairs across the United States and Trinidad and Tobago.
Franchisees publish the magazine, sell both local and national ads, and provide a limited amount of content targeted at their state. Mammano provides the majority of the articles. Next Step Magazine has been franchising since 1999, about 20 years ago. The company has her corporate head office at 86 W. Main St. Victor, NY 14526
- Initial Investment – $19,400 – $58,700
- Net-worth Requirement – $25,000
- Liquid Cash Requirement – $15,000
- Initial Franchise Fee – $3,950 – $3,950
- Ongoing Royalty Fee – $2.5K / issue
- Homes & Land
Homes & Land is a standard real – estate marketing magazine that is into franchising in the United States of America. Homes & Land Magazine introduced its pictorial magazine, featuring homes and land for sale, in Tallahassee, Florida, in 1973.
The Magazine covers more than 15,000 communities nationwide. Franchisees sell advertising space to brokers and agents, collect property information, take or obtain photographs and distribute the printed magazines. The company is owned by Homes & Land Affiliates LLC, which also publishes Rental Guide Magazine and Home Guide Magazine.
Homes & Land has been franchising since 1984 and that is about 35 years ago. The company has her corporate head office at 550 N. Brown Rd., #155 Lawrenceville, GA 30043 and the current CEO of the company is Eric Loeffel. Homes & Land offers in-house financing to cover only franchise fee, but they also have relationships with third-party sources which offer financing to cover franchise fee, and startup costs.
The Parent Company of Homes & Land is NewPoint Franchisor LLC and they seeking new franchise units from interested investors from all across the United States of America and Canada.
- Initial Investment – $47,500 – $116,000
- Net-worth Requirement – $150,000
- Liquid Cash Requirement – $50,000
- Initial Franchise Fee – $27,000 – $27,000
- Ongoing Royalty Fee – 10.5%
- Veteran Incentives – 50% off franchise fee
- Industry Magazine
Industry Magazine is a leading lifestyle publication company that was founded in 2001 and has been franchising since 2004, about 15 years ago. Industry Magazine has her corporate head office at 1768 Park Center Dr., #280 Fort Lauderdale, FL 32835
- Initial Investment – $135,500 – $145,200
- Net-worth Requirement – $200,000
- Liquid Cash Requirement – $50,000
- Initial Franchise Fee – $126,600 – $126,600
- Panache Magazine
Panache Magazine is a leading luxury lifestyle magazine in the United States of America that was founded in 2003 and has been franchising since 2004, about 15 years ago. Panache Magazine has her corporate head office at 222 S. Church St., #204 Charlotte, NC 28202.
The company offers in-house financing to cover only franchise fee, but they also have relationships with third-party sources which offer financing to cover franchise fee.
- Initial Investment – $268,400
- Net-worth Requirement – $500,000
- Liquid Cash Requirement – $200,000
- Initial Franchise Fee – $150,000 – $150,000
- Coffee News
Coffee News is a weekly newspaper cum magazine that is distributed at restaurants in the United States of America. Coffee News was started by Jean Daum in Winnipeg, Manitoba, in 1988. She began franchising in 1994. In 1995, Bill Buckley became its first U.S. franchisee.
He bought the company from Daum in 2008, and Coffee News headquarters is now based in Bangor, Maine. Coffee News is a free weekly publication distributed in restaurants, coffee shops and hotels. In addition to ads for local businesses, it contains news stories, jokes, trivia and horoscopes.
Coffee News has her corporate head office at One Cumberland Pl., #102 Bangor, ME 04401 and the current CEO of the company is William Buckley. The company is seeking new franchise units from interested investors from all across the United States of America and the world.
- Initial Investment – $10,750 – $11,750
- Initial Franchise Fee – $9,500 – $9,500
- Ongoing Royalty Fee – $40-$80 / week.
- Coffee News offers in-house financing to cover franchise fee, and startup costs.
- Veteran Incentives – Three-year 0% financing for 2nd through 5th units
- The Inside Coup Magazine
The Inside Coup® Magazine is a unique franchise opportunity in a multi – billion dollar industry. Currently positioned as the face of the 21st century in this advertising space, The Inside Coup® Magazine stands out favorably amongst its direct competitors, has redefined Direct Mail space and has created a proven successful product and business model in the marketing industry.
At The Inside Coup® Magazine your success is their mission. Their goal is to make sure you are running a profitable business as soon as possible. The Inside Coup® Magazine begin with the inside coup University™ which is located at their corporate office in Scottsdale Arizona.
Here you will spend 5 days in a classroom setting, 5 days of field market training in your area, followed 26 additional weeks being coached, mentored, groomed and educated. This phase is led by their experienced operations and sales team.
During this 28 week period, their goal is to have you fully operational making certain your results are maximized in your new journey. After that, they are your olive branch to success throughout the entire franchisee/franchisor relationship.
The Inside Coup® Magazine is seeking franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are result oriented. The Magazine franchisee’s own their own local marketing consulting company. You will work directly with business owners, ad agencies and corporate offices providing the marketing expertise that helps their business prosper.
Financial Requirements and Info
- Cash Investment – $270,000
- Investment Range – $50,950 – $289,250
- Franchise Fees – $50,000
- Franchise Units – 10
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