Community Newspaper/ Webcast
Mississippi
| Asking Price: | $195,000 |
| Gross Revenue: | $281,700 |
| Established Year: | 1925 |
| Cash Flow: | $65,000 |
| Inventory: | $1,000 |
Listing ID: 1863397Listing provided by BizBuySell
BUSINESS DESCRIPTION
This publication is one of the premier weekly newspapers in the state, providing news coverage that is centered around local events, sports, social meetings, as well as be a vital part of the growth of the community,
Taking local news coverage to a new level, the paper provides live broadcast on its website for many local sports and other events. This is leading edge marketing helping the paper make tremendous strides in the past few years.
Typically, the print and e-edition are 12 pages with color available on 4 pages. The page count increases to 16-20 pages during football season. News is centered on local, county, and state. Features include opinion section, business directory, Church directory, and classified.
DETAILED INFORMATION
Location
Mississippi
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
4
Facilities
Building was built in 2009, roughly 2,500 square feet of space and is still in top condition. Building sits on a corner lot and is elevated so flooding is not an issue, roughly is one acre of land. Parking lot was laid in 2010. There are two separate offices, conference room, kitchen and two bathrooms. The men's room is the handicapped restroom. Buyer will need to assume lease.
Competition
The core market has almost no print competition, only one radio station in Waynesboro, and no TV headquartered in city. Local cable is mostly for Direct TV or Dish TV.
Growth & Expansion
Broadcasting live sporting events and other events like graduation that other news sources do not cover or do not provide live coverage of is the key to growth not only in this market but others where other publications and media are not providing live coverage.
Support & Training
seller will train as agreed to in a purchase agreement, also might work part time for buyer.
Reason for Selling
retiring
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