Well Established Weekly Community Newspaper For Sale

Business description

This well-established greater Houston area weekly newspaper is delivered by contract carriers to over 50,000 single family homes in numerous middle class and affluent communities. A recent independent study by a respected national auditing firm found high readership and use of the publication by residents of its market areas. Revenue is generated by sales of display and classified advertising from local companies as well as distribution of preprinted materials from organizations such as True Value, Bass Pro Shops and Carrabba's. The publication enjoys a high number of repeat customers, many having run every issue for years. Sales are well-diversified with no advertiser representing more than 6% of sales and no single business category dominant. Employees are not aware the business is for sale. Please be discreet.

Seller Discretionary Earnings: $151,119 Actual

Property information

Real Estate:

Lease

Location:

Building Type: N/A
Building Size: 5,000 SF
Land Area: N/A

Other information

Expansion potential:

Significant potential for revenue growth exists through internet (currently undeveloped) as well as collateral publications, new market areas, plus sales of speciality items.

Reasons for selling:

Owner has been publishing the newspaper for 39 years. He believes it is time for a change.

Trading hours:

5 Days, 8AM - 5PM

Furniture / Fixtures value:

$51,921 (included in the asking price)

Related documents:

• 
• Business Profile