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Quick Facts
Asking Price: | $230,000 | |
Annual Revenue: | $286,300 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $74,700 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 22 | |
BBN Listing #: | 40755294 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
This over 20-year-old company is well-established in a dense market area, concentrating on sharing news and information to the business community. Its migration into digital and on-line presence, while maintaining its print publication, has multiplied the exposure for it, for its advertisers and for its archive of articles amassed over its life. Features Include:
A database of over 14,000 businesses, maintained daily
A digital archive that can be used for content or mined to generate traffic
Strong relationships with Chambers of Commerce and economic development entities
The company revenues have been consistent over the past 4 years while profitability has steadily increased. That trend is expected to hold for 2018. The small administrative space need minimizes overhead expense. The company continues to challenge itself to keep current with technology and media advances to connect with its markets and add value to its clients' investment. This includes ongoing effort to extend the number of platforms, social media and devices on which its publications can be seen and to which it is linked. The seller desires to pursue other interests.
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Reason for Selling:
Owner desires to pursue different opportunities.
Additional Details:
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