Monthly Newspaper Serving Southern Florida Coast

Industry: Newspapers (Monthly)

​DEAL ALERT: Publishing

REGION:  Southern Florida Coast

BUSINESS OVERVIEW:

This Company is a free distribution monthly newspaper delivered to South Florida residents. Founded in 2008, it serves an incredibly affluent set of towns along the Coast. The towns constitute some of the highest-income neighborhoods in Florida. Two editions of The Newspaper are produced monthly for a total distribution of more than 15,000 copies. The paper is also available through local hotels, businesses, and libraries.
REVENUE: Total audited readership is more than 38,250.

CUSTOMERS:

AUDIENCE: A diverse customer base that reaches most industry verticals – with some heavier concentration in Medical/Healthcare, Real Estate, Food/Beverage, and Arts Venues to name a few.

INVESTMENT HIGHLIGHTS:

COMPETITIVE POSITIONING: The Company selected this 22-mile stretch of the Florida east coast, which was not being served by any other news organization in 2008. Additionally, no other weekly or monthly papers focus exclusively on this marketplace. It features engaged, well-educated readers, with 85% of the households having at least on reader.
TYPE OF REVENUE GENERATED:
This monthly newspaper regularly produces over $700,000 in Gross Revenue annually.
FINANCIAL: Revenues compared to 2020 are up almost 38%, with very strong repeat customers and strong advertiser loyalty. No client accounts for more than 10% of Total Revenue and 2022 Adjusted EBITDA margin is over 12.31%.

NDA REQUEST/EMAIL: Tim Smith at (541) 817-5449 or [email protected].