Profitable Newspaper For Sale
Location Alabama,United States
Asking Price Range $250K - $500K
Gross Revenues $254003
Net Profit / Cash Flow $92983
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1900
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Seller will ensure a smooth training and handover period
Reason for Sale Retirement
Description Asking price of $169,000 includes the real estate! This family owned newspaper is a once in a lifetime opportunity to own a piece of history! Only for sale due to the current owner's ill health, the business has gone from strength to strength in the past 100 years. In 2010 net profits were closer to $145,000 and while the current owner's recent stroke has certainly led to a slight downturn in revenues, a new owner/publisher can definitely build on the strong foundation and solid business history of this iconic publication. In the broker's opinion this is an exciting industry opportunity for either an individual buyer or a publishing company wishing to expand by acquisition.
BUSINESS HIGHLIGHTS:
Over 130 years of goodwill
Located 15 miles from I85 automotive corridor
3,000 weekly press run
2500 mail subscribers
Gets 95% of legals
Up-to-date Mac OS X computers and software
For more details please contact Rebecca on (334) 787-1716.
Click Here To Contact Seller
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