Highly profitable • Fully turnkey • Est. 1998

Description:
Cayman Activity Guide Magazine & Cayman Activity Guide Online
Cayman's number one visitor magazine and website

Activity Guide Magazine has been the most highly read and widely distributed monthly visitor guide in the Cayman Islands for nearly a decade. Using a unique and exclusive compact format and incorporating every bit of information a visitor could possibly need, Activity Guide is read by over 90% of our visitors and most of the locals. No other publication comes close to our print quality, distribution, inclusiveness, effectiveness and credibility.

Employing unique marketing strategies, we carefully select only the most highly regarded establishments in the Cayman Islands and promote and endorse them exclusively. Being selective has gained us the trusted reputation of our readers and members; as well as the highest regard among the community. The result is a current customer base of over 80 happy clients, most of them staying with us for over 7 years.

Cayman Activity Guide Online is the most popular website among visitors seeking information about the Cayman Islands. Our main site has recently passed 100,000,000 hits and averages over 1 million hits per month. We are a 6-rank site by Google and Yahoo, appearing on the very first page - often more than once, using Cayman + [insert any word a visitor may use]. Try it and see! Our forums have over 50,000 members with an average of 500 online at any given time. They are all seeking our advice for where to stay, shop, dive, dine, etc. when they arrive. This gives us the opportunity to promote our clients to the exclusion of their competition, which provides us with an enormous edge on any of our competitors. No one else is doing anything like this in the Cayman Islands; and even if someone tried, they would never approach our level of popularity or technology. We are streaming live videos, current weather information, webcams, photography, reviews, trip reports and everything a visitor could possibly need, all in the most technologically advanced format available to date.

Legality:
Comes with a free, honest Cayman partner
All companies in the Cayman Islands MUST have a Cayman partner

Our partner is a dear friend and one of the nicest and most trusted people on the island. His primary business is Real Estate so he has no active interest in this company, other than a couple of pages of advertising for his RE company, which is his only remuneration. By compensating the partner with advertising, you are effectively receiving free partnership. The partner has no interest or inclination to tell you how to run your business or to provide any accounting or other information. All he wants is a couple of pages of ads and maybe a free lunch every few months! A partner like this is extremely difficult to come by and adds a great deal of value to the company for anyone without Cayman citizenship. However, for your own protection, all of the copyrights to the magazine and website remain in the buyer's name so if there ever was any cause for separation, the buyer's investment would be 100% secured.

Income:
You will NET between 1/4 - 3/4 MILLION DOLLARS PER YEAR
The more you do yourself, the more you will earn.

Current net profits average $250,000/yr. Specific financial data will be provided to principles. If you have at least average computer skills, you can learn to do the layout for both magazine and web publication. By doing so, your net profits will be much higher than if you employ a third party. As part of the agreement, seller is willing to stay on for up to one year at an agreed salary and train the buyer. The layout, ad changes and automated accounting can be easily learned in less than a year. Computer literacy and prior experience as a graphic artist or editor would minimize the required training. We print the magazine at one of the largest printers in Miami and the entire process can be conducted online. Printing costs average $10,000/month. Distribution costs are $1600/month. Company registration and legal fees run about $2,000/year. Everything else is profit. There are no maintenance costs, no payroll, no employee benefits or medical, no taxes, no business, acquisition or gains taxes, etc. In the Cayman Islands, everything is tax free and this company operates extremely efficiently, leaving virtually no overhead. Because of these tax exemptions and the fixed currency exchange rate, earning 1/4 million Cayman dollars in the Cayman Islands is comparable to 1/2 million US dollars in the US.

Why is it for sale?
It sounds too good to be true
Every fact stated above is accurate and easily verified.

An illness in the family has made it difficult for the owner to remain in the Cayman Islands. While the quality of medical care is good in the Cayman Islands, the owner's specific medical needs would be better served living in the US. There are no income taxes in the Cayman Islands and hence no tax records. However, the owner will provide bank and receivable statements to verify income to qualified principles.

Summary:
Semi-retire in paradise with a half million dollar annual salary
If you like the tropics and a more laid back lifestyle, this is the opportunity of a lifetime.

The Cayman Islands are one of the most modern and upscale islands in the Caribbean, comparable to the Florida Keys, minus much of the congestion. The weather is beautiful year round, the people are extremely friendly and the ocean provides some of the clearest water on the planet. The owner moved here 15 years ago and built this business from scratch. All of the photography (including underwater), editorial, research, maps, web design, videos, and much more were ten years in the making. All of the initial startup investment and sweat equity has been done and now it is just a matter of making minor changes and doing billing every month. To maintain the current profit level requires less than 10 hours of work per week and can be done at any time that is convenient. Of course, someone with greater ambitions could put in more hours or hire sales staff to greatly increase profits; however that would also commensurately increase workload and overhead. The owner has found a comfortable level of profit requiring a minimal amount of work; how the buyer decides to run the business is up to them. The buyer is paying for full ownership of and exclusive rights to publish Activity Guide Magazine and Activity Guide Online; a Caymanian partner; full copyright ownership; no compete agreement; over 80 loyal dedicated clients, most of which being customers for close to a decade; 10 years of work in creating the most comprehensive and popular magazine and website in the Cayman Islands.

At the current level of income, the business and website will more than return the investment in less than five years.

Asking price for the magazine and website is: US$1,125,000.00 (One million one hundred and twenty-five thousand United States Dollars).

The magazine and website are being offered together - no offers for either of them separately will be considered.

NOTE: Owner also has a waterfront home and boat that will become available for sale shortly after selling the business. An arrangement may be possible to include the sale of the business along with the property and other personal assets together at a reduced price.

View the current issue of
Activity Guide magazine:

Visit our main website:
www.caymanactivityguide.com
 

Visit our forums:

Contact the owner:
Editor@caymanactivityguide.com