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Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Start-Up Community Paper Franchise

Location  Minnesota,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2013
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Startup launch
Description  Launching a small newspaper this May, seeking one financial partner. It's a small free newspaper to be available only in select states and online (probably no more than 60,000 readers in each state). At 12 pages it's very small and designed for lite reading. It would have snippets of local headline news, some sports, movie reviews, and a vast array of comic strips. It's a free publication to be found mostly at eating establishments and production is supported by local clip & save advertisements that surround the content. The first issue would launch this Spring and it should start generating money in the Fall. It's launching first in the Midwest to test out the format and then expand to other states. How hands on or hands off is up to you....you're welcome to help put the paper together but you don't have to do anything. The price is $20K for 40% ownership. If interested in hearing more details just drop an email. Thanks.
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