Weekly Newspaper For Sale Or Partnership
Location Connecticut,United States
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1929
Number of Employees 10 - 19
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Yes
Reason for Sale Business needs to grow...
Description A weekly publication to an affinity market, we do about $1 milion in revenues per year and break even. We also do a monthly in another market and a couple of glassy magazines published once a year as community guides. High demogrpahic readership, delivered by mail.
High quality market. Much potential to do more. Current owner can partner, do a contingent sale or sell outright. Critical mass for a profitable publication would 1.3 and that's doable and more.
Estab 1929. Current owner bought in 1994. Can use new direction and more push into internet publication which we do, but can do better. There are a number of similar publications in contiguous areas that could be consolidated into this publishing group.
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