Newspaper
Location California,United States
Asking Price Range < $250K
Gross Revenues $110000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 1 - 3
Inventory 50000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Will work with new owner for a reasonable period of learning time and will offer my talents as illustrator for a period of time.
Reason for Sale Wife is in ill health.
Description My name is George 'Buzz' Gambill. I own the neatest little biweekly paper you've ever seen. That's what the townspeople tell me. Right in the heart of Celebrity Haven, near Palm Springs, CA. The Valley Breeze is a 20 page, full-color, local-hometown, every-other-Thursday, 5,000 circulation, free, newspaper, with about 150 subscribers in all states.
Our city, being the Health capitol with the No. one drinking water in the world, I carry local news, also Palm Springs and the surrounding Coachella Valley news. Cartoons, Illustrations and columns of national and local writers. We cover everything from celeb news to health and politics. this is a paper with heart and charm; a magical publication which also delivers serious news.
In the seven years I have done the paper, I have not had to aggressively solicit ads. They have all come to me, as I have lived here nearly 30 years and have become rather well-known.
For 18 years I worked with the local newspaper until it was purchased by the local large newsapaper and done away with. I have enjoyed seven years with no competition. This paper is so unique, it has no competition anyway. I still have fun with it and make a good living, but wife is now in poor health and I will not be able to continue single-handedly at that same pace and continue the quality. She will require my full attention.
This is a perfect vehicle for a young or middle-aged married couple or anyone who wants to take it and grow with it, as Desert Hot Springs is in the midst of a building boom. It could also be a nice income for a retired couple. We are just 12 miles from Palm Springs, CA, and I would classify this paper as a potential goldmine.
Email or call George Gambill, editor/publisher, The Valley Breeze News, 12561 Palm Drive Suite B, Desert Hot Springs, CA 92240 at 760-251-2401 for website and more information on this Newspaper business for sale.
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