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- RE: Extra Extra Read All About It!
- Contact: Lou DeLone
Quick Facts
Asking Price: | $810,000 | |
Annual Revenue: | $725,893 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $234,533 | |
Total Debt: | Not Disclosed | |
FF&E: | $779,890 | |
Real Estate: | Not Disclosed | |
Year Established: | 1872 | |
Employees: | 22 | |
BBN Listing #: | 5485392 | |
Broker Reference #: | #72840LD |
Business Overview:
Profitability - Quality of Life - Prestige Two Community newspapers for sale in Kansas. * Both Papers are Consistently Profitable * Have Been in Business for Decades. * Are Important to their Communities. Two weekly newspapers with print and digital versions reporting on civic issues, lifestyle & tourism features with award-winning high school sports coverage of the area's ten local high schools. The focus and attention of readers help local and regional advertisers target qualified customers and build their businesses. Both publications sell on the newsstand for $1 a copy and drop every Wednesday for 52 issues a year, plus one 80-page tourism guide every two years. Most revenue comes from advertising sales. Most advertisers are repeat clients that renew their ad schedules annually. Both papers have limited competition and have dominated their markets for years. This publishing company has been in the owner's family for generations and will provide new owners with a consistent income, quality of life, and a presence in two thriving communities. Current owners want to retire after working with the new owners to ensure a smooth transition with the editorial staff, advertising sales team, and key advertisers.
Refer to File #72840LD.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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