Local MS weekly paper
Meadville, MS
| Asking Price: | $115,000 |
| Gross Revenue: | $160,000 |
| FF&E: | $9,000 |
| Established Year: | 1967 |
| Cash Flow: | $44,000 |
| Inventory: | $1,000 |
| Real Estate: | $80,000 |
Listing ID: 1863378Listing provided by BizBuySell
BUSINESS DESCRIPTION
An extremely local weekly paper, averaging ten (10) to twelve (12) pages per week with four (4) pages of color. The Christmas edition is usually twelve (12) pages.
News coverage is centered around local events, sports, social meetings.
DETAILED INFORMATION
Location
Meadville, MS
Inventory
Included in asking price
Real Estate
Owned
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Recently remodeled the entrance and office area, the lot of 30 x 294 feet. property can be purchased or leased
Competition
no direct competition, no radio or TV in the area. Several larger newspapers have distribution but do not offer any competition
Growth & Expansion
County is in the center of three larger towns (approximately 30-40,000 population each) that surround it on three sides. Because the shopping in the County is limited, buyers drive to larger towns for a great deal of their shopping and medical needs. In addition to getting advertising from businesses inside the County, the staff is successful in getting advertising from the surrounding three larger towns, but more can be done from these areas.
Businesses in the surrounding towns understand that there are many good buyers to reach in this paper.
Financing
WAC
Support & Training
Seller will train any buyer who needs it, details to be in purchase agreement
Reason for Selling
retiring
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