Two Newspapers, Print And Office Supply Business
Crystal Springs, MS Copiah County
Hazlehurst, Montecello
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- RE: Two Newspapers, Print And Office Supply Business
- Contact: Lewis R
- License #: FL SL3198615
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | $730,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $103,100 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $49,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1884 | |
| Employees: | 7 | |
| BBN Listing #: | 939301 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Two local newspapers that have been in operation since 1884, both focus on local news and have links on their websites to state. national and world news, often in video format.
Regular features in the newspapers include activity calendars (both local and church events), opinion / commentary pages, local school and sports coverage, city – county and court reports, business service ads, legal ads, and classifieds. The local event coverage often includes a photo of attendees or honorees.
The newspapers have a strong following in the market. a mix of advertising with content, usually in 55% or better including sponsorship ads.
This is an ideal purchase to add to your group or to start your own group.
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Property Features and Assets:
There are three buildings / offices
One building is approximately 7,100 square feet, concrete block construction, The commercial print operations are in this building, plus a press they no longer use.
A second building approximately 3,000 square feet
The third is approximately 3,800 square feet. The newspaper uses half and the other half is rented out.
Market Competition and Expansion:
A few newspapers also serve these markets, but none have any significant area advertising.
Digital growth and hiring strong ad sales staff. With purchase of some equipment you could add revenue by broadcasting local events such as graduations, sports games, and other local activities not covered by other media.
A well developed shopper that included a recap of local news and links to the coverage on the website
Reason for Selling:
retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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