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

Looking for your first radio station acquisition?

As station trading activity has picked up, we have developed a good inventory of small market stations and clusters in the southeast. Several of these are ideal “first stations” for a prospective buyer looking to get into radio station ownership.

Station prices are at the most affordable level in decades. Seller financing is back in vogue. And business overall appears to be picking up.

Though are larger deals are still on a “call for information” confidential status, here are some opportunities targeted toward budding entrepreneurs:

Alabama

• FM and AM with translators.

Georgia

• FM in coastal market. Includes real estate.
• FM and AM with positive cash flow.
• Three FMs.

North Carolina

• FM and AM in resort market.
• FM in coastal market with positive cash flow.
• Bargain priced FM in small market.

Puerto Rico

• AM in coastal resort market.
• FM in the west.

West Virginia

• Two FMs and Two AMs in growing market.

If you have sufficient equity for a down payment and working capital, please email your interest(s) to me and I will send the appropriate Non-disclosure agreement. For other areas in the country, check out our Classifieds page.

George
Media Services Group

Midwest rated market FM radio station cluster for sale

I am putting a new FM cluster on the market. The group has solid ratings and revenue between $2 million and $3 million. It is a confidential, exclusive listing. If you would like to receive and NDA, please get in touch. George@MediaServicesGroup.com

George
Media Services Group

Radio stations for sale with seller financing

Station trading activity continued to be slow in the first half of 2010, though vastly ahead of last year’s anemic pace. The lack of bank debt continues to stifle transactions, though there are some seller financed opportunities popping up.

We have three such opportunities, any one of which might fit a first time buyer profile. Cash down payment requirements vary, beginning around $250,000 for a qualified buyer. The stations are located in NC, VA, and WV. Two of the opportunities are in rated markets. Contact me if you would like to look more closely.

We also have a two-FM cluster with some cash flow in a rated Midwest market.

If you belong to LinkedIn and haven’t already joined our group “Radio/TV Station Buyers,” you can click here to do so: Radio/TV Station Buyers

George
Media Servces Group

Stations for sale: "And now a word from our sponsor. . ."

In my media brokerage practice, with an occasional exception, I generally represent sellers. Many of our station listings are kept very quiet; stations owners are ultra-sensitive to word leaking about their stations being on the block.

But we have a little more latitude with some opportunities; still confidential, but we're able to talk about them publicly on a "blind" basis. If any of these situations fit what you're looking for, please send an email (mailto:George@MediaServicesGroup.com):

• New York DMA big population coverage AM stations
• North Carolina FM cluster (possible seller financing)
• Virginia FM cluster (possible seller financing)
• West Virginia AM/FM cluster (possible seller financing)
• Midwest top 100 market two-FM cluster
• Florida video production studio
• AM/FM in southeastern resort market
• AM move-in to Montgomery (possible institutional financing)

Finally, I would like to invite you to regularly check our "Classifieds" section of the Media Services Group website: http://www.mediaservicesgroup.com/index.cfm?pg=cla

George
Media Services Group
George@MediaServicesGroup.com
(904) 285-3239
http://www.mediaservicesgroup.com/location.cfm?id=3