Profitable, Award Winning Community Weekly
Location Alabama,United States
Asking Price Range $500K - $1.0M
Gross Revenues $425000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1900
Number of Employees 6 - 9
Inventory 75000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Retirement
Description 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''.
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