Publisher of Hyper-Local Newspapers

North East

Publisher of Hyper-Local Newspapers
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,245,000

EBITDA: $166,000

FF&E: N/A

Inventory: N/A

Established: N/A

Publisher of Hyper-Local Newspapers

Save Print Share Valuation Report

Business Description

The Company publishes 10 different community newspapers in various municipalities. Founded more than two decades ago, the Company has grown its base of operations one community, one paper at a time. The Company currently publishes its newspapers (which are the size of magazines) 11 times per year; these are mailed directly to more than 125,000 households and businesses in the Company’s suburban market.

The Company differentiates itself by providing “hyper-local” news on each of the 10 communities covered. With an estimated readership of 320,000+, the Company provides a unique blend of information that readers cannot access elsewhere – either in print or in digital form.

Since 2004, the Company’s revenue has increased at a 16% CAGR; the bulk of this is due to the addition of new publications (expansion of communities covered).

Detailed Information

Competition:
Over the past 20+ years in publication, the Company has developed an outstanding reputation for the quality of its hyper-local content; the Company’s publications are well-recognized for providing unique content that is not available through other media. The Company enjoys a unique position in the market with high market penetration given its focus on reporting positive local community news.
Growth & Expansion:
Management has developed a clear formula for growth, and has systematically added the number of publications over time. Going forward, the Company plans to add three more print publications in local markets and develop online advertising opportunities.
Financing:
Negotiable
Support & Training:
The principals intend to remain with the Company at least for a transition period to help execute on the identified growth plans. Management is also working on replacements.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Corey Painter

Business Listed By:
Corey Painter

Generational Equity, LLC

Show Phone Number

View My Listings


Sponsoring Broker:
Lisa Lippe

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1492021 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 of Use before responding to any ad.


Similar Listings