Description:
17 YEAR OLD T V STATION LOCATED IN THE SOUTHEAST U S IS THE EXCLUSIVE BROADCASTER IN TWO ADJOINING MARKETS WITH A COMBINED VIEWING AREA OF 441,000 POPULATION.STATION SIMULCASTS ON TWO TOWERS,ONE IN EACH MARKET.THEY HAVE MARKET RESEARCH THAT SHOWS HIGH VIEWERSHIP IN THEIR MARKET IN PARTICULAR THEIR LIVE NEWS BROADCAST.SELLER REPRESENTS THAT IT IS HIS UNDERSTANDING THAT NO MORE BROADCAST LISCENES WILL BE ISSUED IN THE STATION'S MARKETS.THE STATION HAS EXTENSIVE PRODUCTION FACILITIES THAT ARE AND COULD BE AN EVEN A LARGER PROFIT CENTER.THEIR RENTAL RATES ARE WELL BELOW RATES IN OTHER NEARBY MARKETS.THIS IS A UNIQUE OPPERTUNITY THAT DOES NOT COME ALONG VERY OFTEN.COME SEE,MAKE OFFER.THIS ONE WON'T LAST LONG.
Asking Price:
USD $3,500,000.00
Our Ref:
Unspecified
Terms of Sale:
Unspecified
Revenue (Income):
USD $900,000.00
Net Profit (Cash Flow):
USD $400,000.00
Time Established:
1984
No. of Employees:
15 Full Time
Reason for Sale:
Retirement
Owner Financing:
No
Value of Fixtures/Fittings:
USD $1,000,000.00
Value of Stock/Inventory:
Undisclosed