What is a station like this worth? you have the CASH to buy or are able to negotiate seller paper. Abandoned farms for sale from only $48k. IF you want an excellent FM signal in this highly desirable Hispanic market, please contact us SOON. Trust the gas station broker professionals to present your gas station to the most qualified buyers and sell fast. Hiker Jordan Liles went on an adventure in the Great Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont. He and a seller had already struck a deal but he did not have a clue how to go through the "buying" process. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ Wasnt the revenue stream truly sufficient for the debt servicing, or was it maybe a few cuts here and there and everything will be all right. Again, we did fine. Maynard, youre right on. !what happenbed to his ability to do a cash deal? Jordan Liles / Flickr. Having to obtain an FCC attorney, engineering help, etc. Tatsuno Station is served by the old route of Ch Main Line (Okaya-Shiojiri branch) and is 9.5 kilometers from the branching point of the line at Okaya Station and 219.9 from the terminus at Tokyo Station.It is also a station on the Iida Line, and is 195.7 kilometers from the terminus of that line at Toyohashi Station. A recent transaction that I was involved in and its failure to close directly relates to the above three "facts of life." The few people left will work harder while striving to dodge the flashlight beam. SelectHEREto complete the payout process for this membership. Will it need to be replaced? I was once one myself. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. That, in effect, swallowed jobs and put paid to the goals of any indie broadcasters (like me) of owning small stations. There is also a list available for silent AM broadcast radio stations. Today if you buy a construction permit (CP) and build out the stationit may still be worth less than the money you put into it. Clinton was the keynote speaker. As Farid (or one of his minions) said, Radio sells itself! iHeart Media with a stock price of $1.50 a share had a market cap of $134,210,000, meaning each of its approximately 850 radio stations are worth approximately $157,894 a piece. The problem is when a company owns more stations than they need to. LOL I hope you are doing well. If you run your radio station (or stations) like a glorified jukebox you will be in trouble because there are lots of other places to get music. The following are the 'facts of life' in the radio station trading business. Catch the show website at. $6,750,000. FM Translator W298BK Geneseo IL; SOLD! Id love to buy a radio station cheap! Now the N.A.B. Try searching: 1,755 Abandonments. If the station's silent period is expected to last beyond 30 days, Special Temporary Authority is necessary (see 47 CFR 73.1635 and Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services). Network of 3 full power FM stations that is VERY profitable & priced right for a quick sale. Unless you have the cash in the bank, cash flow to borrow against and a good track record in this business as a successful operator of broadcast stationsor a lot of rich friends that have given you an irrevocable letter of creditor a portfolio of blue chip stocks, you are not going to get a broadcast loan in this lending climate. When I asked for some background info on his finances, he started to get huffy and said he needed to kow more about the station before he provided me with such 'private' information. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. Only FM Group in Resort Area of 40K Pop. I also have advice on how a seller can protect their interest in doing a sale where they carry paper on the sale. Has there been lightning damage to the phasor system and other transmitter/audio processing components? The Commission still has discretion to terminate licenses under existing revocation and cancellation policies in situations in which the automatic expiration provisions do not apply. Poor signal? Abandoned Trains& Train Stations. 45 L Street NE. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. I do not want to discourage anyone from realizing your dream of oning that first station. He said they thought it would increase competition. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 27 cents a share had a market cap of $63,460,000, $1.50 a share had a market cap of $134,210,000, Cumulus Media had an enterprise value of $2.468 billion, iHeart Media had an enterprise value of $20.54 billion, iHeart Media lists it debt at $20.588 billion, Cumulus Media has outstanding debt around $2.5 billion, radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. I believe that broadcasting companies should be limited to a maximum ownership to just three stations per market. The initial sellers? Financials: Asking Price: $330,000 + SAV. All Rights Reserved. We have hundreds of potential buyers we can contact & present your RADIO or TV station to. ARIZONA AM W/TRANSLATOR: S. Arizona AM with FM Translator. About old fire station for sale. Interest rates are at historic lows, yet iHeart Media is paying, in one case, as much as 14% on its notes. Hadden & Assoc. More is not always better, I will take two or three stations serving a two or three financially stable communities over 25-100 stations that dont program to the community they serve and have no vested interest in them, other than to say they have a bunch of radio stations. BROADCAST STATION ACQUISITION ADVICE AND IDEAS FOR BUYERS AND SELLERS. Frankly, some stations, in some locations, will never make any money EVER. And Stevi Nicks made more sense, and told the truth! Become a FREE LoopNet Member to search hundreds of thousands of Government Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada.. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. We agreed to a set fee and he paid me a large part of it up front. Abandoned Places. If I am out and you leave a voice mailplease repeat your name and number at least twice. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). I explained I had a station that might fit his criteriabut I would have to have some evidence of financial ability to close a $2.5 Million transaction before releasing any information about the station in question. Enter ZIP code or city, state as well. Do you have a construction permmit for AM, FM or TV? What is the age of the transmittor? 1,458 Railroads. Both the seller and I need to know up front where the money is coming fromso don't get your feelings hurt when I ask. ), the National Association of Broadcasters (N.A.B. The station has been consistently profitable. Attractive HD lease adds an additional 1 million potential pop count. which is what we do. A friend of mine recently told me his kids don't listen to over the air broadcast radiothey have IPods to use away from home and Internet radio at home off of their broadband attached computer where they also get music, etc. Do either need to be painted (tower), repaired or even replaced? By contacting the agent listed. Gee, maybe somebody will pick up some stations for next to nothing and start doing something crazy like, I dont know, Broadcasting programming worth listening to more than once? Lines. If I had the money I would love to purchase a radio station. It is in this context that your blog is so interesting. (Of course, there is the IPhone that also has IPod capabilities built inand now the new IPods have email in themsoon there will be a total merge of devices). iHeart Media alone is in hock by almost $20.6 billion. Price has been reduced to $790,000. I had to explain to him that the value of the permits being auctioned was and probably for some time would be highest at the auction price. The Big Billy Kinder Outdoors Program is now heard Saturdays from 5-6 AM on WBAP-AM and several other stations around the North Texas area and is ready to grow. Each list only includes stations that have been silent for more than 2 months. Keep your head down. You Own The Market! business school educated son/daughter to their loser offspring. Stations For Sale: California Wine Country- Consistently PROFITABLE This is the perfect radio station investment for someone who wants to be an IMPORTANT part of the local community, in one of the most desirable areas of the California coast. This is frequently becaused the station has not developed a proper sales force. FM Super Translators do not count against the number of FM signals one owner in a market can control. I remember being at an R&R convention in the late 90s. Things you need to look at are: Is there a format hole to fill in the market? If the AM station is a directional system, is the pattern still in compliance? If not, its my belief that online streaming stations will have parity with those with a license within the next decade as they will be able to occupy a button on the dashboard. Failure to conduct an engineering inspection can be a costly mistake. And, they cant get out. This is a fact of life for the age we are in. UPSTATE NY STATE A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. Think about the interest youre getting from a CD at a bank. (LogOut/ RadioTVDeals.com is the nation's LARGEST marketplace for radio stations for sale and TV stations for sale or radio stations for LMA (lease) and TV stations for LMA (lease). Railroad Equipment. I find alot of TRUTH in your statement Here in Akron Ohio, we have all the big guys but we have one talk radio station on FM that has been there since forever, An that is what they do, cater to the town even tho they really are in a small town (kent ohio) which is in another county lol but they claim to be the Talk of Akron an for years they are a success you go to get your haircut an the barber has them on you go shopping an the store has them on you stop in a office an they are on owned by one guy who died an left the station to his sons so now owned by 2 guys. that the identity of the stations for sale remain These filters are returning legitimate mail in errorplease advise me if this happens. A business built on Public Service, now based totally on Greed. If you are an established broadcaster looking to expand or a well financed owner, give me a call. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. I started in radio in 1966 and retired in 2010. Greater Raleigh Market- Gospel AM with FM. Model Railroad. Financing IS available. Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. Silent AM Station List. A common industry approach has been to factor the amount of revenue a particular facility may generate by looking at the amount of advertising revenue the station may be able to secure out of the total revenue available for radio in the market if it reaches a particular audience levelwhewgot that? Sacramento, CA. Theyre backed into a corner.. I may have some joint venture money available to build the station and get it licensed before the CP dies. On November 10, 2015,Cumulus Media had an enterprise value of $2.468 billion, while iHeart Media had an enterprise value of $20.54 billion. Abandoned Castles. Now what? Short periods of discontinued operation (less than 10 days) need not be reported. Washington, DC 20554. Or just use Skype. Clear Channel and Cumulus are not the bellwether of broadcasting. But I digress. to complete the payout process for this membership. IF this were a full-power FM the STICK VALUE would be $2 million+. 117 Properties from $75,000. Co-brokered with Kozacko Media Services. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. 321-939-3141. We have been doing basically the same thing for 33 years. BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. Rated Market TV station, license and equipment with leased T site, population coverage approximately 139000 Price $175,000 Electronic Mail: radio.usa@outlook.com ~ Voice Mail: 617-306-7939 anytime. Well thats going to take a few things. My take on HD Radio and some other items HD has interesting possibilities. NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper! Of course, this assumes the station is producing a cash flow. *** This is the last update using CDBS data. For the little guy or local Ma & Pa this may become a golden opportunity to buy into radio broadcasting if the stations in the fire sales come with some tangible property, studios and tower site. Analog and digital low power television (LPTV) stations that operate as television broadcast translator stations; FM broadcast booster stations and FM translator stations that entirely rebroadcast the programming of other local FM broadcast stations; and. $4,500,000. I remember thinking, what is wrong with you guys, he is putting you out of a job. BertI want to give high school sports back to the communitiesright now there is very very little in the DFW market. Seller financing with 50% down. Abandoned Train Station. contact: George Kimble. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. Change), You are commenting using your Facebook account. As a former owner, I will tell you it is a lot of work. Hey Burt: If you or someone you know wants to invest in a very experienced radio station manager, let me know I got a station I want to buy. 2. AM covers over 2 million in 60dbu contour. Five years later (1970-71) five of them were housed in an abandoned supermarket across from the fairgrounds. Whoa! Today's abandonment: The Eagle Mountain Railroad. Call today. I know. Questions that need to be answered: What is the condition of the AM ground system and tower? Have a wonderful week. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. What is the age of the transmittor? It mirrors my dilemma, finding an alternative to the current angry white male programming or Willies Jerry Springer look alike. Very few stations are going to be sold on a "this transaction is subject to Buyer being able to secure financing" type contract. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. All of the above boils down to this. Parties subject to the Emergency Alert System (EAS) rules (radio and television stations, wired and wireless cable television systems, digital broadcast systems, digital television broadcast stations, Satellite Digital Audio Radio Service, digital cable and digital audio broadcasting systems, and wireline video systems) must submit their annual Form One filings for calendar year 2022 in the online EAS Test Reporting System (ETRS) by no later than February 28, 2023. My concern isnt for myself, family, but my competitors. Power of the station? You will need to pay for this but it can save you big money and headaches later. As any broadcast owner knows, the hardest positions to fill at a station are good sales representatives. If you are looking for a radio station purchase and want a different set of eyes to help with due diligence we can help with thisand for sellers needing to make a property have more 'curb appeal'this is a service offered also. He/She gave you the laon in the first place only because you promised him/her the marriage of your first born Dartmouth/Stanford.Harvard etc. The station also has a freight terminal for the Japan Freight Railway Company . (LogOut/ Once complete, full power and Class A TV stations must post a certification of broadcast, with a copy of the announcements text, to the OPIF within seven days, and included LPTV stations should keep their certifications with station records. Gammon Miller, LLC - Christopher Miller RENO, Nevada The Windsor also was opened to soldiers awaiting orders to Cuba [] Is the ownership/management talented? Trucks. We just need order-takers. On-line order takers, apparently. With this combined brain power and political and business clout, what could possibly go wrong? I explained what I needed and he immediately became very belligerent that they did not need to provide any information until they knew what the station was and so forth. The one thing that the big Corporates have failed at is keeping in contact with their communities. SO, contact us directly to discuss the radio market that YOU are interested in. Fantastic opportunity to get into the Tuscaloosa area with Class A TV stations. Thanks for the opportunity to express a thought into the ether. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). Darryl. BTW, there also is/was a big (daytime) signal AM in the market which worked like hell to do everything right: local owner, all local programming, local sports, local talk they are surviving on the owner getting in once removed from the top of an MLM scheme by trading trading weekend morning time for a talk show called Dead Doctors Dont Lie. Our career radio instincts tell us to compete and win. Darryl. Asking: $1,000,000. The client put me in touch with his financial "backer". All the best. The experience resulted in the short film, 'Tennessee Wonderland' that you can watch online. What are the construction costs? Looking for something specific? Kudos to your perseverance! I tried to tell him that the owner had requested that I 'vet' all potential buyers to determine financial ability before releasing informationthe conversation went downhill from there. This site is different from most broadcast broker web sites because I want my clients to understand today's new broadcast business. other stations that we can not list on this site Now the lenders are whining because the poor schmucks they conned into taking out such a loan are unable to make the nut every month. Priced at $850,000. This case deals with the rule against reversionary interests in the sale of a sttionor in more plain English, the rule (FCC Section 73.1150) against using the license of a station as collateral. And I would run it properly and most importantly have fun with it. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. 16/20 Bhera Police Station In Pakistan Is Run By Cows. Silent FM Station List. We have 2 FULL-POWER FM stations in communities that are part of the Reno METRO, but will not cover the city of Reno itself. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. I especially need stations under $500K. Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. And you have some good comments coming in from others in the industry! opportunities. Share. His response, They cant. Also, some stations can be an artistic success and a commercial failure. Abandoned Mansions. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. The members participate in frequent conference calls to discuss active listings and share information on prospects. Here we go again I wrote a column mentioning that the current business model for radio is a failure, that the supposed cost savings never materialized and that radio cannot survive in its current state. We struck a deal where my fee was not based on the price of a station. Priced LESS than what the station was purchased for in the FCC auction. Above: Dent Station in Cumbria, currently for sale with a guide price of 395,000. President Clinton was right before Stevie Nicks. I get email on my cell. Dave, Actually this blog has. This truly is a unique opportunity worth looking into. Are the copper radials in the ground damaged or corroded away? Unless, and this is where it gets goodyou have the cash. The caller was bidding on several permits and wanted to know how much he could flip the construction permits for after the auction was over? The meeting was to be held in another city and I was unable to attend. On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. For their exclusive listings. Can you compete with them if you go on the air? If the latest shiny bauble from The Big Boys doesnt work, then stockholders will take it in the shorts, banks will end up with radio stations via bankruptcy, and a Big Picture guy will tell them radio can be profitable if they just tighten, lighten, and brighten. In the case of AM stations, the potential applicant must await the next application filing window period, and at that time file an application for a new AM station, including all technical showings to demonstrate the lack of interference to other AM stations. About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? I have been in this business long enough to have seen this happen two or three times. The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. 698 ICC Filings. Owned tower sites. Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. If you can't hae equity when you sign on, walk away. This appears to be the real story and probably portends the real future of radio, not just a change in programming content. Car Wash & Gas Station in Orange County. It is the mere debt load and lack of control and excessive purchase prices that are the problem. THE nicest small market station we've seen - Priced at less than 6X BCF REDUCED to $1.0 million. Those of us who watched radio stations being bought like trading cards over the past five years have repeatedly asked How are they going to pay for this? Ken Dardis: June 24, 2002. Posted on 09/07/2022. As the TV commercial says"life comes at you hard". If not, then it wont be such a good deal. When he came to the microphone everyone of these broadcasters stood up and cheered. If bankruptcy comes, the administrators will hopefully be more prudent than those that caused it. Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. All broadcasters as we know them today if they want to stay in business will have everything they put out on the air to be fed to the Internet. A damn shame. $599,000 . Darryl, I had to post a link to this on my blog.it was a good read! Abandoned Train Stations for Sale. Since launching late April, 2010, RadioTVDeals has generated, Class A FM - Parkersburg/Marietta/Vienna WV-OH Metro, Profitable Group of Stations Are Available, Non Commercial FM, Amarillo, Price Reduced, Be The Largest Voice In This Great Small Market, New York Capital District Profitable AM With Two Translators, Dallas Metro FM Serves Fastest Growing U.S.
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