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  • RE:  Two Newspapers, Print Plant, 4 Radio Stations
  • Contact:  Lewis R
  • License #: FL SL3198615

Quick Facts

Asking Price: $0
Annual Revenue: $977,276
Net Profit: Not Disclosed
Cash Flow: $588,842
Total Debt: Not Disclosed
FF&E: $1,841,182
Real Estate: $1,640,000
Year Established: 1957
Employees: 40
BBN Listing #: 939302
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Covering a wide range of local news sprinkled with relative State and National news, both publications have regular features such as Opinion that include guest writers and columns from other State papers.  They have a large Community Events page with a blocked off Meetings section.   one third ownership in a competitive paper is included in the sale.  cash flow includes salaries of several retiring staff, this will allow you to put new management in place.

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Property Features and Assets:

Two office building's, print plant, press, vehicles, 4 radio stations, radio towers

Market Competition and Expansion:

The only real competition is one local paper which you will own 1/3 of.
Your primary markets are Ohio and Muhlenberg Counties, KY, with Central City, Greenville, Hartford and Beaver Dam being the largest populated areas.    The largest and closest metro city is Nashville, TN, about 80 miles South.
A major attraction located in the city of Powderly in the heart of Muhlenberg County is the Merle Travis Music Center.

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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