two profitable AR newspapers

Marshall, AR (Searcy County)

two profitable AR newspapers
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Asking Price: Get Financing: $285,000

Cash Flow: $108,000

Gross Revenue: $303,000

EBITDA: N/A

FF&E: $3,200

Inventory: $1,100

Real Estate: $95,000*

Established: 1900

*not included in asking price.

two profitable AR newspapers

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Business Description

These newspapers in AR were established in 1886 and enjoy a generational readership. Both are highly respected newspapers with a dedicated readership and are the only print media based in their County.
One market is rural and agricultural with a tourism influx of activities related to the Buffalo River.
The other market is rural with retirement growth and a tourism market driven by worldwide recognition for trout fishing, and boat manufacturing.
Both newspapers offer color on multiple pages.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One paper has a standalone leased office, the other facility values at $163,000 or can be leased for $7200 a year. If this property is purchased there is rental income of $500 a month from two rental units.
Competition:
One market has one radio station that operates in the area but does not get much ad revenue, and the other market only has a little competition for advertising from minor print, but not broadcast competition in the county.
Growth & Expansion:
The owners feel the local coverage is the key to their success and that growth for both publications can be obtained from a greater push of web readership and advertising, a stronger push on subscriber sales and retail locations, and expand the local advertising base and frequency/size of ads they run. The tourist market would be a logical web site growth, keeping the tourist informed about conditions and new things to do in the areas they like to visit – many are repeat visitors.
Support & Training:
Owner will train as needed and as agreed to in purchase agreement
Reason for Selling:
retirement
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(from currently available funds)
 
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Lewis Floyd

Business Listed By:
Lewis Floyd

Bus Val Consulting, Media Mergers, Grimes, McGovern & Assoc

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