MergerPlace

Small Town Community Newspaper

Montana (Jefferson)


  • Asking Price: $102,500
  • Gross Income: $92,584
  • Cash Flow: $31,231
  • Real Estate: $75,000
  • Inventory: Not Disclosed
  • FF&E: $7,565
  • Listing ID: #199130
  • Established: 1907
  • Employees: 1 FT/1 PT

Business Description

An award winning, community newspaper highly respected for its weekly hard news coverage, especially for its government reporting and editorial content. It also features photos and frequent articles on local sports, educational and court reporting. Its long history and high quality maintains a loyal subscriber and advertising base. Boulder is the county seat about midway between Glacier and Yellowstone National Parks and a scenic gateway to hunting, fishing, skiing and other outdoor activities. The city of 1,300 population has excellent schools and is a short distance from the state capital in Helena.


Business Details

Primary Business Category: Information Services - Publishing Industries
Location: Montana
County: Jefferson

Company Information

Year Established: 1907
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $102,500
Gross Revenue: $92,584
Cash Flow: $31,231
FF&E: $7,565
Real Estate: $75,000
Seller Financing Available: No

Property Information

Facilities:

The business operates out of a street-level office of about 1000 sq. ft. in a cinder block building on Main Street near the county courthouse. The building has recently received a new roof, new insulation and a fresh interior finish to the office. The space includes a separate restroom and integrated kitchen space and work areas with modern office equipment for staff. Weekly printing is performed under contract by a large regional printing company.

Growth & expansion opportunities:

Other opportunities include web-based advertising, more special sections and insert advertising and political advertising. A recent increase in advertising rates was well received, especially for government notices, and there is room to increase subscription prices and expand web-based sales and advertising in the e-edition.

Competition:

The newspaper is the sole local provider of news in the community. It competes with several state-wide newspapers for regional news.

Reason for selling:

Retirement.

Support & Training:

Will train for 12 weeks @ no cost.

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Business Listed By:

John Maslanik

Murphy Business Brokers