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Weekly Community Newspaper Business
Location: Canada -> Alberta
Industry: Media and Communication > Newspapers




Business Summary

With 30%+ profit margins, this Award Winning Canadian Community Newspaper, Printing & Business Services company is located near Calgary. They offer regular coverage of community events and issues important to the residents of their city and surrounding areas through their weekly community newspaper. 77% of the population in their town report reading the newspapers printed by this local press. They have 29,000 regional customers and 1700 local. They also offer printing and business services to the public such as: business stationary, cards and forms, posters, brochures, flyers, menus, invitations, and the list goes on. The business services include: photocopying in B/W or color, faxing, rubber stamps, bindery and laminating. They have a beautifully done website that is easy to use for customers. Online, customers can easily subscribe to the newspaper or choose business and printing services. This Canadian business is a great opportunity to take a business that is already successful and build on that foundation to secure your future.

This company has been in business since 1926 with the current ownership starting in 2005. This business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Reputation, profitability, established patronage, growth capabilities, diversity and location make this offering a sound venture for the fortunate party who acquires it. Out of their total revenue, 30% of weekly papers are sold regionally while 70% of weekly papers are sold locally. The building includes 4 apartments upstairs. One- 3 bedroom and Three - one bedroom suites which offer a great rental revenue. Lower level has an additional business space that can also be used as rental revenue. For more information on this listing, contact David Michaelson 214-815-0816.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $596,000
Cash Flow:   $185,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $45,000
Seller Financing:  Yes

About The Business

Year Established:  1926
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Key employees will stay on after the sale of the business. The owner is available for a reasonable transitioning period.
Reason For Selling:  Approaching retirement.

Photos

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Weekly Community Newspaper Business Photo 1




Print Listing Id: 700241119
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Related Searches: Film  >  Internet Publishers  >  Newspapers  >  Periodicals and Magazine Publishers  >  Printing and Typesetting  >  Telecom and Networking  >  Telephone and Wireless Carriers  >  Television and Radio  >  Other Media and Communication  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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