MergerPlace

Premier Publishers of Industry News

Washington (King)


  • Asking Price: $1,000,000
  • Gross Income: $1,711,091
  • Cash Flow: $373,501
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $111,483
  • Listing ID: #203956
  • Established: 1982
  • Employees: 16 FT

Business Description

For over 30 years this News and Information services in highly technical field has been the source for keeping thousands of professionals well-informed on policy, markets, resources and other topics essential to their work. The industry has come to rely on this independent source of policy and market news and commentary on regional and national issues. Company has a team of skilled, experienced journalists in place who have a well deserved reputation for reliable, accurate, balanced and insightful reporting. Founder has retired and is not active in the daily operations. Revenue is generated primarily from annual and bi-annual subscriptions. Additional revenue comes from projects and services.


Business Details

Primary Business Category: Information Services - Publishing Industries
Location: Washington
County: King

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16 FT

Financial Information

Asking Price: $1,000,000
Gross Revenue: $1,711,091
Cash Flow: $373,501
FF&E: $111,483
Seller Financing Available: No

Property Information

Facilities:

Two well established offices on the west coast. Some of the staff work remotely.

Growth & expansion opportunities:

There is a business development plan that includes maximizing the database and providing additional services.

Competition:

This Company is considered the expert in the industry. It is the premiere intelligence source on policy, market news and resource development for the western US and Canada. The Company has over 15 experienced and well regarded employees plus several free lance writers who work on contract.

Reason for selling:

Founder has retired and is not active in the daily operations. Family has decided to sell.

Support & Training:

Will train for 4 weeks @ no cost. Publishes several newsletters each focused on a specific area. Other services include weekly reports on prices and jobs.

Contact Business Seller

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Business Listed By:

Judy Elrod

Murphy Business Brokers