Successful Newspaper with great opportunities

Brandon, MS
Photo
Asking Price:$450,000
Gross Revenue:$535,800
FF&E:$45,000
Established Year:1925
Cash Flow:$115,476
Inventory:$2,000
Real Estate:$1,225,000
BUSINESS DESCRIPTION

Established in 1848, this is the oldest newspaper in the state. This paper serves the local community and is published weekly. Currently the owner is running the paper and is ready to retire. This publication has a nearly 175 years history in Mississippi.


DETAILED INFORMATION
Location
Brandon, MS
Inventory
Included in asking price
Real Estate
Owned
Building SF
17,500
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two story building with space available that could be leased to others. Locatd in the heart of downtown, very valuable property in a growing area. the entire space has heat/air.
Competition
Typical radio, tv and a metro paper with limited distribution, but if it is happening in the market, this is the publication to put it in.
Growth & Expansion
Opportunities in the website for expansion, adding videos and live broadcast on the web of local events will bring additional revenue.
Support & Training
As agreed in purchase agreement.
Reason for Selling
Retiring
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Steve
Floyd
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Steve Floyd