Profitable, Award Winning Community Weekly
Location:
United States
->
Alabama
->
Southwest Alabama
Industry: Media and Communication > Newspapers
Business Summary
Respected, profitable, award-winning 119-year old community newspaper for sale in SW Alabama. Only newspaper in the county. USPS periodicals permit; approved for legals. Paid weekly circulation 5,000. Website features paid ''e-Paper'' subscriptions. This paper has won just about every award the Alabama Press Association has to offer. Up-to-date equipment (Macs for newspaper work, PCs for bookkeeping), historic brick, two-story building that has been completely renovated (new metal roof, flooring, paint, more). Sportsman's paradise, year-round mild climate, low crime (and even lower taxes), only 90 miles from Gulf Coast beaches. No financial problems. References and full financial documentation provided with signed confidentiality agreement. Real estate included. Great opportunity for husband-wife team or as an ''add on'' paper for a chain. OWNER WANTS TO RETIRE TO SPEND MORE TIME WITH ''GRANDS''.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$425,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $75,000
Seller Financing: No
About The Business
Year Established: 1900
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: Retirement
Click on the "I'm Interested" button above for more information on this Media and Communication > Newspapers business for sale.
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Print Listing Id: 70096674
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