Property Details

Overview

The business is a weekly community newspaper featuring what went on at recent Town meetings, happenings at Town offices, and relevant news in the community, schools, and students. Recap of school sporting events, general articles of interest, seasonal topics, etc. The business makes its money from the classified & display ad space it sells and the inserts it puts in the paper from advertisers. The paper is mailed and delivered to over 8, 000 homes and businesses free of charge. There are over 200 active advertisers and even more during the holidays and changes of seasons. The paper has been doing this for over 52 years in Fairfield County. Only 3 Owners during this time. Now the last Owner wants to retire. Price: $154, 900 (acts/rec not included) Location: In Fairfield County near Danbury, CT. Real Estate: The 1, 000 S.F, 4-room office is located on the second floor (inside room measurements) above a retail store centrally located to town offices and schools in one of the Towns it is currently reporting on. Note, the office can be located anywhere a new owner wants. Advertisers or readers seldom come to the office so demographics are not very important for operations. Lease: The lease has been month to month for a long time. A new Owner might be able to get a lease if qualified probably at the same rent and terms that the current Owner has. By the way, rent for this 1, 000 s.f. 4 room office is only $600/month.