Established Alabama Community Newspaper with 120+ Years of History!
Business Description
A Rare Opportunity to Own an Alabama Publishing Legacy!
Rare opportunity to acquire a well-established weekly community newspaper with more than 120 years of history and goodwill. This family-owned publication has served generations of Alabama readers and enjoys strong brand recognition, an established subscriber base, recurring advertising relationships and no direct newspaper competition within its primary market.
The business produces a weekly print publication together with a biannual magazine and has an established distribution network throughout its market area. Revenue is generated through subscriptions, rack sales, advertising, legal notices and special publications.
Significant growth opportunities exist for a new owner, including developing a stronger online and social media presence, hiring a dedicated advertising salesperson, pursuing additional grocery and retail inserts, expanding the existing biannual magazine to quarterly publication and extending circulation and advertising into a neighboring underserved market.
The current owner is ready to retire after decades in the business and hopes to find the right buyer to continue his family's longstanding publishing legacy.
An excellent opportunity for an individual owner/publisher or an existing newspaper, media or publishing company seeking to expand through acquisition in Alabama.
The business produces a weekly print publication together with a biannual magazine and has an established distribution network throughout its market area. Revenue is generated through subscriptions, rack sales, advertising, legal notices and special publications.
Significant growth opportunities exist for a new owner, including developing a stronger online and social media presence, hiring a dedicated advertising salesperson, pursuing additional grocery and retail inserts, expanding the existing biannual magazine to quarterly publication and extending circulation and advertising into a neighboring underserved market.
The current owner is ready to retire after decades in the business and hopes to find the right buyer to continue his family's longstanding publishing legacy.
An excellent opportunity for an individual owner/publisher or an existing newspaper, media or publishing company seeking to expand through acquisition in Alabama.
About the Business
- Years in Operation
- 124
- Employees
- 3 Full-time
- Facilities & Assets
- The business occupies approximately 1400 sq. ft. of building space with a reception area, two offices and 2 rest rooms. The current base rent is $400 per month, or $4,800 annually. However, the Seller's preference is to transfer the real estate in conjunction with the sale of the business. The property is available for purchase for $65,000 through separate negotiation.
- Opportunities for Growth
- Significant growth opportunities exist for a new owner, including developing a stronger online and social media presence, hiring a dedicated salesperson to actively pursue new advertisers and grocery store inserts, and expanding the existing biannual magazine to a quarterly publication. The recent closure of the nearest neighboring newspaper also creates an exciting opportunity to expand circulation and attract both readers and advertisers from an underserved adjoining market.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,400
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will provide a handover and training period to the new owner.
Listing Info
- ID
- 2541627
- Listing Views
Listing ID: 2541627 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. See our full Terms of Use. Learn how to avoid scams.
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