Established Northern New Hampshire Newspaper

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UNDER AGREEMENT. This publication has been in existence for many, many years. The current owner has owned the business for almost 20 years. The newspaper operates as Subchapter S Corporation. This is an asset sale, with no real estate included in the asking price, however the real estate may be available for purchase should a buyer be interested. This is a weekly rural newspaper with local roots and ownership, operating in the belief that the newspaper belongs to the community and striving to provide the professional journalism and effective advertising that readers and customers have come to expect over the years. Ownership is backed by a dedicated staff of news and sales professionals who put all of their effort into publishing a publication they can be proud of, week in and week out. The publication is supported by over 1000 advertisers who see the continuing value and reach of rural based newspapers as a targeted source for their marketing messages. The newspaper and its principals are well known and respected in the area and are also supported by a readership of over 2600 including mailed and on-line subscriptions and newsstand sales. The newspaper markets itself through social media, specifically Facebook, where it posts weekly Page 1 stories, breaking news, and sports playoff updates. There also exist trade agreements for ad space, airtime, and print ads with radio, live-streaming, and local events promotion. This publication is based in northern New Hampshire and is currently run out of a free-standing, 3700 square foot downtown building. The property is owned by the seller of the business and is for sale for $190,000 should a buyer be interested in purchasing the real estate. The seller is also willing to lease the building to a new owner should the buyer not be interested in purchasing the real estate. The community is known as a destination for hikers, snowmobilers, skiers, ATV riders, golfers, fishermen, and all active outdoor enthusiasts. The distribution area is a very strong market for this type of newspaper as it includes loyal local readers as well as visitors. The myriad lodging properties, retail stores, restaurants, and attractions in the circulation area provide excellent distribution points for the publication.

Financial Information

  • $249,000 Asking Price
  • $54,883 Cash Flow
  • $480,734 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: New Hampshire

Financing Comments

  • Seller is willing to consider minimal seller financing with a substantial downpayment for a qualified buyer.

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: 4
  • Real Estate Included: Yes
  • Real Estate Available: Yes
  • Fulltime Employees: 4
  • Real Estate Value: $190k

Contact Business Broker

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Business Listed by Sunbelt of New Hampshire
Contact
Jay Polimeno
Listing ID
NEWHAMP001-48169
Office Phone 603-745-9290

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Established Northern New Hampshire Newspaper

Confidential, New Hampshire

UNDER AGREEMENT. This publication has been in existence for many, many years. The current owner has owned the business for...

$480.7k Gross Revenue
$54.8k Cash Flow
Asking Price $249k
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