Description of the business for sale
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.
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Description of the facilities
ADDITIONAL FINANCIAL INFORMATION:
• Financing: Seller will consider owner financing with significant down payment.
• FF&E: $200,000.
REASONS FOR SELLING: Other Business Interests.
EMPLOYEES: Full-time:5, Part-time:3.
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