Media Success Story

Auckland City

$425,000

Proposed Usage
Services
Description:
Property ID
1bzll37



The business started in 1971 and evolved into its present tabloid form in 1992, online presence since 2010. It's the only newspaper circulating across all of this high socio-economic region with loyal support from 6000 households and businesses with 120 regular advertisers positioning it as the market leader.

The captive market area has a newly opened shopping centre with additional residential sub divisions well under way. Over 160 hectares are earmarked for residential development in the unitary plan over the next 2-20 years with population projected to treble to 18k.

The owners have run this successful weekly community newspaper providing the latest local news and supporting local community activities for over 21 years. They are happy to support a new owner as consultants for a short to medium time frame. Last 2 years' management accounts indicate an owner operator income of $230k per annum business persons, investors with media/journalistic interests should not miss this opportunity.

Price on application.

Strict confidentiality criteria applicable. Details only in person to qualified buyers. For an appointment please look up http://www.linkbusiness.co.nz/EL00682 click on "ENQUIRE NOW" to complete on-line confidentiality. Contact Neville Choksi 021 0599 519, 09 555 6038 neville.choksi@linkbusiness.co.nz

Reference: EL00745
Ref: EL00745
Timestamp: 20171017054511

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