Listing ID: 83261
Business Overview
Two newspaper groups with a press, 5 publications, 2 shoppers covering lower AL market Become an influence in this community, providing leadership through editorial. Combining these makes a great group, adds cash flow from synergies.
This listing is very confidential but full information and financials will be provided after receiving an NDA.
Financial
- Asking Price: N/A
- Cash Flow: $325,000
- Gross Revenue: $1,825,000
- EBITDA: N/A
- FF&E: $43,250
- Inventory: $2,000
- Inventory Included: Yes
- Established: 1920
Detailed Information
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:22
- Furniture, Fixtures and Equipment:N/A
There are three office properties available for purchase or lease, two locations are leased:
Owner will provide training as agreed in a purchase agreement.
retirement
While other media operates and distributes in the market, none provide the news coverage and ad responses that this Publishing group does
The market has growth occurring from 3 larger metro areas. A legal paid subscription website has lots of growth potential.
Additional Info
The venture was founded in 1920, making the business 102 years old.
The deal does include inventory valued at $2,000, which is included in the asking price.
The company has 22 + owner employees and is situated in a building with disclosed square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. However, the genuine reason vs the one they say to you may be 2 absolutely different things. As an example, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might just be reasons to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in incomes, or an array of various other factors. This is why it is very crucial that you not count absolutely on a seller's word, however instead, make use of the vendor's response in conjunction with your total due diligence. This will paint a much more sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover points such as supplies, payroll, accounts payable, and so on. Bear in mind that in some cases this can imply that earnings margins are too small. Many companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location draw in new clients? Most times, operating businesses have repeat consumers, which form the core of their day-to-day revenues. Particular elements such as brand-new competition growing up around the area, roadway building, as well as personnel turn over can influence repeat consumers as well as negatively affect future revenues. One important thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the higher the possibility to construct a returning consumer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood average house earnings effect future income prospects?
