TV Station

Listing ID:
BATONLA001838

The following broker is assigned to this listing:

Alan Risher

risher@sunbeltnetwork.com

Description

25 year old TV station is located in a top 100 TV market city. The city is growing so fast it will most probably be a top 50 market shortly. Business is set up as two companies. One company focuses on revenue generation from the station's production studio and the other focuses on revenue generating from broadcast operations. Both companies are included in the sale. Station, while currently a low power station, will go to full power when they begin HDTV broadcasting. Station currently has very extensive coverage throughout the region being carried on all the cable systems in the region. Station broadcasts 24/7 with a combination of local and national programming. While the station is a nice money maker, its greatest value is the FCC TV Broadcast license and it's potential in a top 50 market when HDTV is fully implemented. No asking price has been established. Seller is open to significant offers in the seven figure range. Come see. You will be impressed.

Financials

Asking Price: N/A
Revenue:$725,000
Cash Flow:$300,000
Downpayment: N/A
Monthly Payroll:$5,000
FF&E Asking Price:$200,000 (Included in Asking Price)
Inventory Asking Price: N/A
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1981
Year Acquired:2001
Full-Time Employees:5
Part-Time Employees:3
Reason For Sale:Other Business Interests.