4Good positive cash flow western

U.S. weekly newspaper available

            A profitable 40-year-old community weekly serving a semi-rural Western U.S. community is available for acquisition for the first time in almost 20 years. The adjudicated newspaper has over 2,600 paid circulation and the company publishes several other community-based publications as well. Several Internet URLs are also owned and utilized. The community is close to metro areas and attractions.

            Company revenues have ranged from $710,073 in FYE 12/31/06 to $559,652 in the most recent full year ended 12/31/11, reflecting the nationwide downturn that started in 2008.

In the past five years, the pro forma cash flow has ranged from a low of $73,180 in 2011 to a high of $232,577 in 2007, both excellent considering the newspaper’s revenues and economic conditions. (Those represent 13% to over 30% of revenues in those years, respectively, and include provision for manager’s salary.)

The company leases space in a very modern office building on the main business thoroughfare in the community. It is well-equipped and well-staffed.

Because of the community’s somewhat isolated nature, the company is largely immune from competition from any other media. The community’s median household and family incomes are 50% above its state averages. As a small community newspaper, it offers growth potential and should continue to thrive for many years to come.

This property should be of high interest to newspaper publishers with holdings in the region which can benefit from cross-selling opportunities that will exist between these publications and the buyer’s, and for the value of the profit that consolidating administrative duties and bringing the printing in-house will provide.

However, it also is an attractive purchase for an individual/couple or small group that wants to be able to acquire a paper that is stable and well-respected by its customers.

The Newly-Adjusted Asking Price is $435,000.                                                REF. #W-1

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WATCH FOR DETAILS ON THIS TOP-NOTCH PROPERTY COMING EARLY SPRING:

4Western Tourism magazine 

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For further information, please contact Gregg K. Knowles, exclusive broker for the sellers. Phone (661) 833-3834. Confidentiality is of utmost importance to our clients.