Business for Sale:

Business Name:

Newspaper (4+ Exclusive Territories in NY & CT)

Type of Business:

Other, Services, Sales/Distribution, Retail, Relocatable, Home Based, Franchise

Category:

Other, Real Estate and Rental and Leasing, Management of Companies and Enterprises, Information/Media

Location:

Connecticut, USA

Price:

$35,000

Terms:

Financing:

Description of Business:

Overview – This business, The Homesteader, is a licensed business with the exclusive rights to Fairfield County, CT, six towns in Litchfield County, CT, and Duchess, Putnam and Westchester Counties in NY. The business involves production and direct mailing of a monthly newspaper aimed at new homeowners. The newspaper is named The Homesteader. The business makes money by selling space advertising, inserts and mailing lists. There are more than 50 “The Homesteader” editions in the U.S. The content is provided by the licensor, who is located in Concord, MA. It is downloadable from the licensor’s web site. The local owner is free to add additional content as well. Articles are typically geared to the new homeowner audience, e.g. local events, attractions and other recreation, home improvement, home décor, do-it-yourself, antiques, restaurant reviews, and other subjects that may be of interest such as a pet column. This edition of The Homesteader is currently mailing to 8,500 households in Greenwich, Stamford, Darien, New Canaan, Norwalk, Wilton, Ridgefield, Westport and Weston. Advertisers normally commit to a twelve-month insertion contract, which automatically continues after the initial term. Included in the sale of this business are several dozen existing contracts worth a projected value of almost $37,000.

Facilities/Property:

Lease Terms:

Assets Included in Sale:

Last Year's Sales:

$123000

Financial Summary:

2003 gross sales $102,882, net profits $26,592 2004 gross sales $123,469, net profits $37,723

Other Comments:

Reason For Sale – The owner has taken a job. Upside – Based on 2004’s profit, contracts in-hand, and the recent aquisition of the three NY territories, this business is priced below market. If you sell more advertising and build the territory, there is tremendous upside potential.

Contact Information

Agent to Contact:

Brokerage:

Contact Name:

Address:

Phone Number:

Fax Number:

Email:

Web Address:

http://www.webbizbroker.com

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