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 Buy a Canadian company Listing # 63011002
 
 Business  For  Sale 
 Buy a Canadian company

Weekly Community Newspaper for Sale

$115,000.00 (Cdn)

Weekly Community Newspaper for Sale
 
Business Location: Alberta
Postal Code: T0H
Relocatable: No
 
Business Categories:
Publishing, Printing & News
Media, Graphics, Film & Video
 
BUSINESS   FEATURES
Serves a large area and includes a circulation of 2,500 weekly with a great subscription deal with five local municipalities for advertising in return for purchased subscriptions for residents.
Also only 40 miles from Grande Prairie which serves the entire area (car dealerships, furniture/appliances, retail stores, etc.) to add to advertising revenue.
Qualify for federal government subsidy of over $40,000 to offset printing and mailing costs. Goes from April to April so buyer would get the subsidy in early fall.

FINANCIAL  INFORMATION
2016 revenue $302,712.
Five municipalities get advertising in exchange for purchasing subscriptions for ratepayers so guaranteed subscription money. This works out to over $80,000 a year, plus another 500 or so regular subscribers that don't live in the municipalities. Price is reduced to $115,000 -- goes to $160,000 if buyer maintains subscription money for remainder of 2017. And takeover is done by end of March with 9 months left in year. Government subsidy starts April so that money is buyers.

MARKET  &  COMPETITION
No direct competition. Grande Prairie has a daily newspaper that does not compete with my newspaper. I am the only newspaper in the area that serves a population of 7,000 people with one town, one village and three rural municipalities. Serves big area with lots of oil and gas industry, farming and forestry.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  

  • Three computers
  • Computer software Programs (Adobe InDesign, Word, Adobe Acrobat, etc.)
  • Invoicing program
  • Subscription list program
  • All logos, photos, ads, etc. for newspaper
  • 3 months training (if needed)
  • Dot Matrix printer
  • All required files
  • Goodwill

  -  EXCLUDED  from  the  Price  -  
Building

  -  OPTIONAL  &  EXTRAS  -  

  • You will receive everything that is related to the operations of the newspaper

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DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information shown in this "Business For Sale" listing.  We provide advertising space only - we are not business brokers.  We do not verify the Seller's authority.  The Buyer should contact the Seller directly and verify the accuracy of all information to his/her own satisfaction.


 

 
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