Profitable, Award Winning Community Weekly

Location: United States -> Alabama -> Southwest Alabama
Industry: Media and Communication > Newspapers

Businesses for sale Summary

Outspoken, respected, award-winning community newspaper for sale in SW Alabama. Established 2003, we bought out and merged our 117-year old competitor in 2007, forming one great publication that readers can’t wait to get their hands on. Only newspaper in the county, approved for legals. Paid weekly circulation 4,800, average 20-24 pages plus 3-5 preprinted inserts. Full color on front/back of all sections. Website features PAID ”e-Paper” subscriptions. This paper has won just about every ”Better Newspaper” award the Alabama Press Association has to offer. Up-to-date equipment (Macs), historic brick, two-story building that has been completely renovated (new metal roof, new flooring, new paint job, more). Located in a sportsman’s paradise, great year-round mild climate only 90 miles from Gulf Coast beaches. No financial problems, no legal messes. Asking $600,000, worth every penny. New owner will be getting a real gem .. no brag, just fact.

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $425,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $85,000
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Owner retiring