Established Northern New Hampshire Newspaper
Newspaper and Magazine Businesses for Sale
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
- Year Established: 1900
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 4
- Part-Time Employees: 4
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Inventory Value: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $190,000
- FF&E Included?: No
Market Outlook/Competition
- There are three publications which could be considered competition although they all appeal to a different base readership and are supported by different advertisers. This publication prides itself on practicing fair, ethical journalism with high standards for writing and editing. The publication has created longstanding and strong local relationships, both on the news and advertising sides of the business by providing personal service to their clients as well as quality ad design using professional graphic services. The seller believes that their market position and percentage of market share is very strong and believes that just one of the three competitors can actually be considered competition at all, but this business for sale features greater than three times their advertising inches and far superior content and presentation.
Business Listed by
Jay Polimeno
Sunbelt of New HampshireContact Business Broker
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