Property # 1178686 | Available | $395,000.00 |
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Business Category | Communications |
Other Business | Newspaper |
Business Name | Small town Newspaper |
Property Address 1 | 123 Confidential |
Property Address 2 | n.a. |
Property Town/City | Northern MInnesota |
Property County | n.a. |
Property State | Minnesota |
Property ZIP/Postal Code | 00000 |
MLS # | n.a. |
Section/Block/Lot | n.a. |
Zoning | n.a. |
Building Sq. Ft. | n.a. |
Lot Size Sq. Ft. | n.a. |
Lot Frontage Ft. | n.a. |
Lot Depth Ft. | n.a. |
No. Parking Spaces | n.a. |
Year Established | n.a. |
Business Description | Northern Minnesota County weekly newspaper with 2700 paid subscriptions plus 1300 copies at newsstands. Average 16-20 pages with legal notices, grocery store and other ads, etc. 130 + years in business with good cash flow to owner/operator and the real estate is included. |
Property Description | Great Central Downtown Location |
Area Description | Small town, northern Minnesota. year round tourist destination |
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Sales Price $ | $395,000.00 |
Gross Revenue $ | $403,000.00 |
Total Expenses $ | n.a. |
Taxes $ | n.a. |
Net Operating Income $ | $105,000.00 |
Cap Rate | 0.00% |
Year Ending | 2019 |
Lease Ends | n.a. |
Financing/Terms | cash sale |