Weekly Newspaper Publishing Company is up for Sale
Product / Service
Newspaper publishing - News, Advertisements, Articles etc
Clientele type
Textiles, schools Builders, IT COMPANIES etc
Premises
Rented Premises located in OMR Adyar
Asking Price Includes
Registered Title, Ownership Deed, Running Business with all clients list, experienced team, all social media handling
Reason
It is a successful business for the past 7 years. We realize if this excellent Title will be in bigger hands the reach will touch Everest.
Other Details
This Sole Proprietor Business is started in the year 2013.
Having very good reach in Adyar, OMR, ECR & IT COMPANIES in Chennai for their newspaper.
It's Weekly Newspaper, publishes Every Sunday.
It's a free newspaper for the public. they only charge for Advertisers.
Currently, they are selling 30,000 copies with 5000 copies to IT Companies.
Business has good reach in Chennai & have good clientele list. A Newspaper is quite famous in the area with good public reach.
The Business is generating monthly revenue of around INR 2 to 3 Lakhs. In Festival times, they are generating more than INR 2-3 Lakhs.
As Business requires more investment to grow, owners are not able to invest further.
Asking Price is INR 2 Cr (Negotiable)
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?