Niche Publishing Business with Outstanding Cash Flow

Description:

It has been a great 25 year run for the founder-owner-seller of this highly profitable mid-Michigan publisher of resource guides aimed exclusively at small town markets; however, the seller, now at “that” age, is ready to retire after transitioning his business to only its second owner. His decision could be your opportunity.

This dynamic company with a truly impressive cash flow focuses on marketing to “hometown” suburban and rural communities, reaching some 400,000 consumers who in turn embrace local merchants. Distribution is both in printed and online formats. The business, with six highly capable, well-paid, loyal employees (the average employee has 17 years of service), is run out of a 3,000 square foot office owned by the seller. It can be leased or purchased under favorable terms.

There are seemingly many opportunities for growth including expansion into neighboring markets, the sale of online and mobile advertising, and of course, sales growth within current markets.

The company has flourished for many years, boasting revenues of $1,000,000 and a very impressive SDE (seller’s discretionary earnings – the historical cash flow available to pay and owner-operator and service debt) exceeding $300,000 year-after-year. The business is listed for $895,000, an attractive 2.75x SDE. The seller contemplates an asset sale in which he keeps cash and A/R while retiring all liabilities. In addition, the seller will carry a six figure note for a qualified buyer and will offer ample transition training as part of the purchase price.

For more information on this unique, high cash flowing business opportunity, please contact Joel Hekler (joel@praxisbusinessbrokers.com or 517-719-6401).

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