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Businesses For Sale   >>   Newspapers Businesses For Sale

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.


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