Very local MS weekly Newspaper
Carthage, MS
| Asking Price: | $179,000 |
| Gross Revenue: | $259,200 |
| FF&E: | $5,001 |
| Cash Flow: | $39,250 |
| Inventory: | $1,150 |
| Established Year: | 1925 |
Listing ID: 1643810Listing provided by BizBuySell
BUSINESS DESCRIPTION
Founded 148 years ago in 1872 this newspaper has both opportunity and history. News coverage is centered around local events, sports, social meetings, covering a four-county market.
The newspaper has a very active web site and strong Facebook site, the website which includes an E-edition of the newspaper is pulling over 8,300 hits.
DETAILED INFORMATION
Location
Carthage, MS
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
building has been sold, paper is in remodeled office in the building, lease has not been fully established, estimate of rent $800 a month.
There is an existing SBA loan that is assumable, balance just under $130,000
Competition
while there is no direct competition a few other papers are distributed in the market, but are not competitors in advertising
Growth & Expansion
Opportunity for growth with building on the website, perhaps add live broadcast coverage of local sports and events, expand the coverage into the adjoining counties
Financing
Seller is open to some owner financing (WAC)
Support & Training
owner will provide training as agreed to purchase agreement
Reason for Selling
other interest, but may consider employment during a transition..
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