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Newspaper Publisher
| Asking Price: | $1,000,000 | Inventory: | $4,000 ++ |
| Gross Revenue: | $830,000 | Real Estate: | $150,000 ++ |
| Cash Flow: | $142,420 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This company publishes a weekly newspaper that covers 4 counties. It was founded in 1874 and has been under current ownership since 1930’s. 95% of their business stems from 2 weekly publications that offers news and advertising, followed by a daily publication (3%) that offers community happenings/advertising and the remaining 2% of the business comes from printing services. This is a great business, that has been around for a very long time and it is a very important part of its community and history. They have withstood many economic trends in its 135 years and believe in local newspapers focused in their community. This very important business has a loyal customer base, recognition, and a reputation to maintain. This is a lifetime opportunity with a lot of room to grow. Please call today!
About the Business
Year Established:1874
Employees:8 full time - 1 part time
Facilities:The facility housing this super offer has one, one level building totaling 7,500 sq. ft. The building is in good overall condition with its interior remodeled a few years ago, with a lot of space and close to Post Office making it ideal for their mailing process. The building is located in downtown in a high traffic location with good visibility.
Market Outlook and Competition:The business could be expanded by increasing the advertising on their website and incrementing the website. A new owner could also diversify by adding Spanish issues, by doing screen printing, promotional materials and by adding sales people to their workforce.
There is no competition in this area.
About the Sale
Reason For Selling:Moving and retirement
Seller Financing:There is some possible owner financing to the right buyer
Sell Your Business | This listing has been viewed 155 times
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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