Station trading continues to pick up steam. On the radio side, BIA reports that station sales were up significantly in May over the same time last year. Click HERE
Broadcast cash flow multiples appear to be holding steady in the 7x to 8x range (with occasional deals both above and below).
If you are looking for a good "first acquisition," we have just put a 3-FM cluster on the market in southeast Georgia:
• Dominant competitive position
• $128,000 in cash flow last year from only two stations; the third station went on the air this year
• Owner will consider selling financing and will consult following the closing
• Asking price: $1,400,000
Let me know if you would like to take a closer look.
George
Media Services Group
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