two local AL papers

This purchase can be a loan assumption with small down payment if bank approves. One of Alabama’s most widely read weekly newspapers, with a solid tradition of providing community service and news to the County; a source for local news and legal advertising. There is an abundance of space in the Office building, so the owners also offer Office Product sales that add to revenue as well as drive local traffic to the newspaper office – where often a “chat” can provide a lead on local news. this publication and property can be purchased separately $300k (publication) and $450k (property). The second publication is the County’s newspaper and provides coverage across Southeast Alabama to a population that is concentrated close to the Florida line. The publication has an exclusive hold on the Geneva County market and is the sole outlet for all legal advertising from the county and the four municipalities they serve. This publication can be purchased separately for $350k (publication) and $100k (property - not including collectables in office). Location: Alabama Year Established: 1900 Number of Employees: 11 Real Estate: Owned Building Sq. Ft.: 21,000 Facilities: There are two office locations: The smaller building is approximately 4,000 sq. ft. with a recently installed Duro-Last synthetic roof at cost of $25,000 and it has a collection of metal signs and memorabilia which are not included in the sale unless a buyer wants to negotiate for them separately. The second property has open land that extends to the street behind the building with space for future expansion or new development. This building is approximately 17,000 sq. ft. and also houses an office supply store. The present roof is in good condition. there is an operational press at this location but it is not currently being used. Market Outlook/ Competition: no direct print competition, some radio competes for adv. Growth & Expansion: Several opportunities for growth, restart shopper that was stopped during Covid, use web sites for live coverage of local events and sports, work closely with local college