Mfg. - Printing, Publishing

$Seller Financing Available

Asking Price	$350,000	Inventory	Not applicabe**
Gross Income	$303,103	Real Estate	$100,000 (estimated value*
Cash Flow	$46,714	Year Established	1933
FF&E	$40,000*	Employees	4 ft: 2 t

* included in the asking price

** not included in the asking price

Since 1933 this county seat weekly in Nevada has been the sole provider of local news and information for its isolated market. This 2,300 paid circulation newspaper enjoys exceptional goodwill in its community, thanks to the efforts of its owners who have worked here for more than a half-century. The owners are in their late 60s and early 70s, and have made the decision to retire. They are exploring an asset sale of this business, which includes a 4,500-square-foot building in Hawthorne and its associated job press equipment. It is an exceptional opportunity for someone to own and publish their own newspaper in a protected market with virtually no local competition for advertising dollars or readers.

Facilities: This newspaper operates from a 4,500-square-foot building in the downtown area. Constructed in 1958, it is considered by management to be in excellent condition. It includes a 50 foot by 90 foot adjacent parking lot that could be used for expansion. Its estimated market value is $100,000 and is included in the asking price of this business. The business also owns several job printing presses. The printing equipment and computers have an estimated value of $40,000.

Competition: This weekly faces no direct competition for advertising dollars in its isolated market. There are no competing weekly or shopper publications circulating in its home county. Moreover, daily newspaper circulation from regional dailies is insignificant due to the geographic distance of these larger markets. Area radio and television stations are not considered by management to be competitive threat to this paper, which captures the lion's share of the local advertising pie.

Growth/Expansion: New owners of this local institution will find several key opportunities to grow this business in the coming years. Most of these opportunities are on the revenue side where there appears to be a significant upside with a more aggressive approach to ad sales. According to the owners, advertising comes in the door. The paper does not have a salesperson calling on local accounts. Moreover, new owners can further solidify the paper's dominant position in the market by launching a local web site.

Seller Financing Available: Yes

Support/Training: The owners are willing to provide support and training for a specified period of time through an ownership transition.

Reason Selling: The owners are retiring.