![]() Sunday September 5 2010
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PUBLISHING Businesses For Sale
With the tremendous gains that technology has provided for print media over the past decade, newspaper publishing has shown excellent productivity gains. Although some pundits have referred to newspapers as a dinosaur industry, buyer interest in weekly newspaper publications, small dailies and shoppers is as good as its been for sometime. Ten years ago, weekly newspapers were selling at 5X to 6X EBITDA, now those multiples have been as high as 10 and premium properties even higher. Why? Successful weekly and small daily newspapers are niche products. They serve narrow markets where they can offer merchants and other advertisers very specific customer targets at costs far below what large daily newspapers, radio and television charge. Internet advertising has become an additional product offering for these publishers rather than a competitor. Unlike the old days of lead type and wet darkrooms, today’s newspaper production is streamlined and much of the writing, ad make-up and photographic reproduction are accomplished with desktop computers. Locating owners of these businesses that have a solid history of earnings growth and are willing to sell (even at these high multiples) is clearly one of our primary business objectives. We are looking for any publishing company for sale in the following categories.
LibertyExchange.com • 2824 Valley View Ln, Suite 100
• Dallas, TX 75234 All advertisements on this website are subject to the terms and conditions in the "Agreement to View Site" section of LibertyExchange.Com. No advertisement on this site in any way constitutes an offer to sell or a solicitation to sell securities or any partial percentage of a business. These businesses are structured as asset sales. Statements, figures, and representations contained herein this website are provided by and are the sole responsibility of the business owner. Neither the marketing agents, the disseminating parties, or their agents have verified the truth or the accuracy of any and all information included in this advertisement, nor in any forthcoming business presentation report (including any supplemental information provided by sellers) and deny any responsibility therefor. Neither the marketing agents, the disseminating parties, nor their agents make any warranties or representations expressed or implied. As with any business purchase buyer should seek its own competent independent legal & accounting advice regarding due diligence, offers, closings, leases, etc. Caveat emptor. The purchase of any business carries with it an inherent risk. "FINDER" as defined herein this email and by any other means of information distribution, packaging, or any advertising, non-disclosure agreements, fee agreements, etc. shall be defined as follows: Finder is one who finds a business for sale and finds a “Single Buyer” (“Single Buyer” herein defined as one individual, company or group formed by same independently of Finder) to purchase said business; or conversely, finds a business for sale for a Single Buyer, and acts as the representative of one or the other OR acts as a Transactional Intermediary representing neither Buyer or Seller, and with no fiduciary relationship to either; and who acts primarily as the conduit of information between the Buyer and Seller/Owner. Finder does not investigate or perform any due diligence on either buyer or seller and advises all parties to seek their own competent legal, accounting and other expert counsel or consultants. The Finder markets, advertises, and/or collates and transmits information provided to Finder by the Parties and/or their Agents. The Finder also may provide limited negotiations and other packaging, marketing, and administrative functions in the transactional selling process. "Business" as herein this website and all advertisements is defined as: 100% of a business and not any partial percentage of a company. "Adjusted EBITDA" as herein any advertisement and within this website shall be defined as follows: Adjusted earnings for one owner's salary, non-recurring expenses, expenses which will go away upon sale (ie. payments on items that will be paid off at Closing, any seller's discretionary expenses not otherwise categorized) and earnings before interest, taxes, depreciation and amortization.
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