Weekly Newspaper Publishing
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $110000
Net Profit / Cash Flow $30000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1946
Number of Employees 1 - 3
Inventory 6000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will remain as along as needed for a seamless transition. Seller is a life-long member of this community and will be willing to stay on and ...
Reason for Sale Owner wishes to retire.
Description ** $150,000 ** - This is a tremendous opportunity for a person with good people skills and who likes to be in the ''thick of things.'' Two weekly, subscription-paid, long established newspapers located in a growing city in central Texas. All equipment and cutting edge technology in place for electronic pagination and news gathering. This operation had six sales people and a news and prodution crew of 15 at one time. Website also up and running and just received first paid banner ad request Feb. 2007. For strategic buyers who desire a footprint in this market, the billing, payroll, circulation management, ad makeup and pagenation could be centralized (relocated). The ad sales, newsgathering and photography could be handled locally with part-time personnel and a full time local manager. There is no other English language weekly in this community of 150,000 plus. There is a daily newspaper, television and radio stations which compete for advertising dollars. However, these two newspapers, one established in 1946 and the other in 1893, are firmly entrenched in this market as a respected print media advertising resource.
Growth and Expansion: The growth opportunities are tremendous. Current owner is in his 70s. He repossessed this operation a few years ago after he had sold it. He has had to get the operations and advertising base re-established. The commerical growth and residential population growth in this area has been high. The opportunity is wide open for someone who is able to deal with business customers effectively (advertising clients) and meet the public well. Doubling or tripling advertising revenue within a few years is entirely possible.
Please email or call Cal Milnes at 214.957.1360 for more information on this Newspaper Publishing business for sale.
Click Here To Contact Seller
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