Profitable North Texas Newspaper

TX

Profitable North Texas Newspaper

Asking Price:$450,000

Cash Flow:$106,000

Gross Revenue:$363,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$100,000

Established:1900

Profitable North Texas Newspaper

Get Financing Save Print Share Valuation Report

Business Description

This is a growing area, north of Dallas. Ad sales are strong but there is still a lot of new opportunity in the area.
Revenue for EOY 2016 will be over 10% more than EOY 2015. The prospective owner will be able to make $80,000 to $100,000 each year once the business has been paid off. Real estate is being offered as well. There are three full-time employees, one part-time employee.

Awards include 6 times TPA Sweepstakes winner and 3 times NEPTA Sweepstakes Award winner.

Continuously published since 1878. This publication has been under the same ownership since 1974. This publication is one of the oldest businesses in the county.

Please contact Ann Rickenbacher Thaxton at 817-999-9730 for more information. [11/2/16]

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
1,500
Employees:
4
Facilities:
Circulation about 1700, including 100 digital subscriptions Equipment in use 3 iMacs (purchased between 2012 and Dec. 2014), 3 Mac Minis (2011 and 2016), 1 E-Machines PC, 2 22-inch monitors, 2 19-inch monitor, Brother HL-L6200DWT printer (purchased and installed last week), Brother HL-5370DW printer, Fax machine, Older eMac (used to receive faxes), Citizen 500 printer, Netgear Prosafe FVS3 1BG router (new), Cisco SG 100D-08 switch, 2 APV battery backups for computers, 1 APV battery backup for network, Equipment not in use: 2 older Minis, Assorted monitors Furniture: Desks, office chairs, etc. Building - Building is negotiable Approximately 1,500 sq ft with concrete parking New roof just installed. New ceiling and AC/Heat system installed 2014. 2015 Tax appraisal: $92,000
Competition:
This paper was founded in 1878 and is one of the oldest newspapers in Texas. Under same ownership 42-plus years. Winner of six Texas Press Association Sweepstakes Awards Winner of three NETPA Sweepstakes Awards. Official newspaper for five cities in the County and two local school districts.
Growth & Expansion:
Revenue for this paper will be up 10% over 2015. This is a growing area, north of Dallas. Ad sales are strong but there is a lot of new opportunity in the area.
Reason for Selling:
Retirement
Business Website:
http://www.rickenbachermedia.com/

Listing Statistics for Premium Members

Ad#:1321048 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Ann Rickenbacher-Thaxton

Business Listed By:
Ann Rickenbacher-Thaxton

Rickenbacher Company

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


EmbroidMe

Franchise Opportunity
Capital Required: $174,000