Tuesday, January 22, 2013

This blog is devoted to owners of radio/TV stations or persons interested in getting into ownership.
As a station broker, I constantly look for deals which might be ideal "first stations" for first-time-buyers.  I would like to highlight some of these here.  Most of these opportunities include the possibility of owner financing. Confidentiality requires the descriptions to be generic, but if you are interested, contact me for an NDA.

• Christian music FM in a rated, southeast market
Over $500,000 in revenue
Priced for a quick sale
Asking $700,000

• Three FMs and one AM cluster in the Mid-Atlantic region 
Attractive, Arbitron rated market 
Net revenue between $800,000 and $900,000, with positive cash flow

• Alabama cluster with four FMs and two AMs
Revenue between $800,000 and $900,000
Cash flow budgeted to be slightly negative this year
Good upside potential
Asking price: $1,500,000

• FM station and AM facility with FM translator in midwest market
Excellent competitive position
2013 revenue budgeted at $1,850,000 with BCF of over $600,000
Asking $4,000,000

• AM/FM combo in midwest small market
Revenue in excess of $350,000
All reasonable offers considered

• 3 FM cluster in southeast Georgia
Dominant competitive position
Owner will consider selling financing and will consult following the closing
Asking price: $1,400,000

• Profitable AM/FM radio station combo in Georgia being sold under Distress Sale policy
Stations expected to sell under the FCC's Distress Sale policy which calls for a sale to a qualified entity for a maximum sale price of no more than 75% of appraised value
Gross revenue of almost $400,000
Appraised for $875,000
Sale price: $656,250

• 2 FMs in the deep south.
Around $500,000 in revenue.
Positive Broadcast Cash Flow.
Seller financing
$1,500,000

George
Media Services Group