$4 million Investment opportunity in digital program exspansioin
| Cash Flow: | $1,650,000 |
| Inventory: | $565,000 |
| Real Estate: | $4,000,000 |
| Gross Revenue: | $17,000,000 |
| FF&E: | $3,000,000 |
| Established Year: | 1925 |
Listing ID: 1702322Listing provided by BizBuySell
BUSINESS DESCRIPTION
A newspaper group with presses and property, strong management team, developing a unique digital web presence. Owner looking for an investment of $4 million to expedite the growth of a new digital program. Investment is secured by company stock that includes about $4 million in real estate and could include a right of first refusal for later purchase.
The plan for 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 of over 225% in the next ten years.
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Employees
170
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
Each location has its own competition, but most control their market. the unique digital program is designed to work with the publications and project to increase revenue and cash flow in 10 years. There is no competition to this program which is being test marketed by the newspaper group.
Growth & Expansion
The current attention to growth is for web development, owner has a 10 year plan to increase revenue to $34 million and EBITDA to $12 million. the concept is to take away business from Facebook and other social media. The projected growth is exceptional.
Financing
seeking investment of $3-$4 million
Support & Training
Owner is developing a unique digital program that works with the print publications and is seeking an investor, He will remain at the helm for several more years and then consider a full purchase, investment can include right of first refusal..
Reason for Selling
investment only, not a purchase
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