Large publishing group opportunity with strong web digital program
Business Description
A newspaper group with presses and property, strong management team, a unique digital web presence. The digital is a local type of Facebook connected to the local newspapers websites that pays the people who post based on their reads.
The growth plan projects a revenue increase from web over the next ten years.
If a stock purchase, there are considerable tax write offs, may be possible to assume SBA loan of $3.7 million.
The growth plan projects a revenue increase from web over the next ten years.
If a stock purchase, there are considerable tax write offs, may be possible to assume SBA loan of $3.7 million.
About the Business
- Years in Operation
- 100
- Employees
- 170
- Facilities & Assets
- Most publications have their own building owned by the company, multiple press sites and commercial print facilities. These sites provide a strong foundation and spring board to the digital program. This is the security for your investment.
- Market Outlook / Competition
- Each location has its own competition, but most control their market. the unique digital program is designed to work with the publications and projected to increase revenue and cash flow in 10 years. There is no competition to this program which is being used by the newspaper group.
- Opportunities for Growth
- The current attention to growth is for web development, owner has a 10 year plan to increase revenue and EBITDA from digital. The concept is to take away business from Facebook and other social media.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- retiring
- Transition Support
- Owner is developing a unique digital program that works with the print publications, terms of onsite training to be determined in offer
- Financing Options
- owner will consider some financing, depending on offer.
Listing Info
- ID
- 1702322
- Listing Views
- 1315
Listing ID: 1702322 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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