Growing Newspaper
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2150980
Net Profit / Cash Flow $346853
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1969
Number of Employees 35 - 49
Inventory 23386
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Interested in other markets.
Description A community publishing and events company, doing a wide range of community events and programs. Several are owned outright, and there are many others of which the company is the official co-sponsor.
Company publishes a wide range of publications:
A weekly guide to arts and entertainment
a parenting guide, family magazine
a holiday community lights festival magazine
a vacation summer events and travel paper
a restaurant dining guide magazine
Kids Times, an annual publication involving local businesses and schools
a community oriented alternative newspaper
Baby Times, an annual guide for expectant and new parents
a bar and grill/restaurant guide
the official program guides for some community events
a winter/sports guide
the community arts & culture, new season guide
the ''Brides & Grooms'' bridal guide
the student survival guide for college students
one of the most popular and growing websites in the community
There is in place a complete infrastructure to expand into additional niche publications as a new owner would choose. There is a 21000 square foot prime location building (purchase of which is optional) with space for expansion. A new owner could take the company in any direction very easily...alternative or community/family oriented...and be successful either way.
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