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News Agency Investment Opportunity in Solapur, India

Seeks Investment: Newspaper company that has 1.1k annual subscribers located in Solapur.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.8 thousand
Run Rate Sales USD 12.8 thousand
EBITDA Margin 40 %
Industries News Agencies
Locations  Solapur
Local Time 1:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 17.7 thousand for 50.0% stake (Native Currency: INR 1,500,000)
Reason: As our news agency continues to grow and expand, we recognize the need for financial resources to fu... View More
Includes physical assets worth USD 23.6 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The business has around 1.1k annual subscribers.
- We charge an annual subscription fee of INR 200.
- The business generates its major source of revenue through Ads.
- The newspaper is in the local language which is Marathi.
- The business has a single shareholder with complete ownership and there is no debt in the business.
Products & Services Overview
Weekly newspaper.
Trending news.
Commercial news.
Business promotion.
Success story.
Interviews.
Assets Overview
Registered office in Solapur occupying a space of 300 sqft.
Facilities Overview
The business has a registered office in Solapur, Maharashtra. The business occupies a space of 300 sqft and it is owned by the business.
Capitalization Overview
The company has a single shareholder with complete control of the business.
There is no debt or any other kind of loan in the business.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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