Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. Small market of 50,000 PLUS snowbirds. Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. iHeart Media alone is in hock by almost $20.6 billion. A damn shame. and those in Congress will sellout the people to the highest bidder and the N.A.B directs the government in the interests of these companies. FM covers over 1 million for in-car listening. Owner retiring. If you didnt write it you were out! Or. Each list only includes stations that have been silent for more than 2 months. INFO: Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. Clinton was the keynote speaker. Shouldnt a banker (now theres another topic) have said, Youve reached $5 billion in debt. Asking $250,000 - includes all real estate. Too big to fail. Fake callers? Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. How can they be losers? Until then, we keep serving our listeners and turning a small profit. 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. Silent AM Station List. Now what? The N.A.B., F.C.C. They got their money. There is a credit crunch in the land if anyone has noticed. And it goes back to serving your listeners. Attractive HD lease adds an additional 1 million potential pop count. More details . NDA Required. Small unrated market with lots of sunshine and a great lifestyle. Before we get into the station brokerage stuff, I want to plug a broadcast venture my good friend Bill Kinder is doingIf your station is looking for a one hour outdoor show I would like to recommend the "Big Billy Kinder Outdoors" show. confidential. It had about $25MM in it. 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. Southwest AM-FM -PROFITABLE-REDUCED Another major factor to look at in evaluating a start-up property is the technical condition of the station. A meeting was set up with the seller, his banker and a partner in the deal and another broker with who I have had many year (30+) association. Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. The problem here is that many stations have gone through a succession of owners and have never shown any positive cash flow or just enough to keep the power on until the next sale/transfer. The auction for spectrum bandwidth for this starts next monthy. 7 Comments. 1. 7 Comments. There are many "deals" out in the market that are not advertised by the sellers. I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. People will listen if they want to be informed or entertained with humor or music. 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. I recently returned from vacation. Then after four or five years of putting money in the bank, yhou call your favorite station broker (ME) to find a new buyer who wants a solid CASH FLOW MACHINE in place to buy. In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. *Construction Permit. Darryl. Please contact me direct on this and I will put you in contact with an attorney that practices before the FCC if you are not using one now. EL PASO, TX Yes, but with new hardware. Maynard, youre right on. If you have questions about how to structure a sale where the owner has to "carry paper" contact your FCC counsel. 2 adjacent small-market FM signals-profitable-Asking $350,000. One of which is in the trust. Abandoned Castles. The other way to look at a companys worth is by its enterprise value.. 8639 Sqft; Posted on 10/12/2022. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). Clear Channel and Cumulus are not the bellwether of broadcasting. All of the above boils down to this. Such a station might have a format that appeals to a significant audience but the station is unable to sell enough advertising to capitalize on the station's own success. All rights reserved. If you will, send me information about yourself and your company. This established Radio Communications business located in the North QLD Charters Towers region is being offered for sale for. A station owner is not going to want to disclose to his staff and competition that a station is being sold on the hope that a buyer can qualify to obtain financingand then have the deal go south because the money did not materialize. Illinois River. It has also been named by several online magazine sites as the #1 place to . Just think, no monthly payment to that nasty, ill-tempered banker who really does not understand your business anyway. MCH Enterprises Brett Miller, California Wine Country- Consistently PROFITABLE, FM in the Perfect New England College Town. ***. The Telecommunications Act of 1996 provided for the expiration of broadcast licenses as a matter of law upon a station's failure to operate for 12 consecutive months. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson 36. But you are going to have to tell me where you expect to get the money to buy the station you wantand in many cases, you are going to have to have the money before you start looking for your station. SelectHEREto complete the payout process for this membership. His response, They cant. 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. 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. The broadcast business is still good, if you are a small operator in a good town, and you do it the old fashioned way: 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. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. Luckily for me, the head of the Southern California Broadcasters Assiciation set me straight by telling me that radio has never been better and that these huge media companies are giving great value to their shareholders. | Home of BroadcastJim, Leo Laporte Cant Even Get Anyone to Call The Tech Guy Anymore | TWiT Drama, Deregulation? Per FCC policy, the reporting period may end ten days before the report is due, and the reporting period for the next year will begin on the following day. We are doing just fine. You will need to pay for this but it can save you big money and headaches later. The letter or e-mail should include a brief explanation of the reason for ceasing operation and a projected date (if possible) for the station's return to licensed operation. due to the extreme confidentiality of the situation. It did exactly the opposite. Notifications and Requests for Special Temporary Authority (STA). Being in state capital insulates economy, spending. We essentially folded at that point as we finished building out a (much nicer) studio complex for four of the remaining little guys. No revenues, format can stay or be changed by buyer. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. And if stock was transferred they long sold their stock in the existing companies. The problem here is there are many pieces of the puzzle that have to be put together to get an idea of what the numbers should be. Amtrack is also adding WiFi to many stations and much of the train system. 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. Change), You are commenting using your Facebook account. EXCUSE ME? 117 Properties from $75,000. To make it work financially theyll need to get at least 14 times cash flow, may be 16 times, depending on taxes and the cost of sale. continue as a FREE MEMBER on the RadioTVDeals site. However, the hub station (or common studio or control point) is required to register and file in ETRS. Only FM Group in Resort Area of 40K Pop. continue as a FREE MEMBER on the RadioTVDeals site. Darryl, I had to post a link to this on my blog.it was a good read! Abandoned Train Stations for Sale. Abandoned Castles. About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? Darryl. Speaking of a less offensive consolidation, I nonetheless urge you never to buy another Busch owned beer. Seller financing with 50% down. How much up side is there in the market for a new radio station? Or. "We'll talk." Confidentiality: RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners . We have 125 properties for sale for old service station, priced from $203,315 Heritage radio cluster in year-round tourist and retirement market. Profitable year after year,even with covid. First, the first problem is the N.A.B which lobbies for the big consolidators. It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. Maybe we should slow down a bit? Amtrack is also adding WiFi to many stations and much of the train system. Many of these stations are worth more than the calculated value as presented. If you don't have an FCC attorney (and you should have one) call me and I can recommend an excellent one with many years in the business. (LogOut/ Ill even fly corporate class instead of first class. Maybe I should come back to reality. Now the N.A.B. Deleted or Cancelled Stations. Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. We agreed to a set fee and he paid me a large part of it up front. There has been TOO MANY radio stations for a long time. Im not sure how you put that genie back into the bottle though. Revenue: On request. If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. What is the age of the transmittor? Cash deals are king. When borrowing money, high risk equals high cost. What is the financial condition of the market? Back to that fellow I discussed radio consolidation with in the 90s. Looking for something specific? And we both put money in the bank. This is frequently becaused the station has not developed a proper sales force. Melbourne market TV, TV translator stations are both in Key West. If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue. Where have I heard this before? The country of Pakistan is full of police stations that were deemed "no longer needed." This particular one was built long ago, back in 1870, and has since been abandoned. Are the copper radials in the ground damaged or corroded away? Thank you for checking out the blog. opportunities. Seller is looking to retire and wants to find buyer willing to take these stations to the next level. Thanks for reading the blog. Our career radio instincts tell us to compete and win. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. Home loan sharks in some cases have constructed loan vehicles where the monthly payment on a house was not enough to cover both principal and interestthe deficit each month is tacked on the back end of the loan principal to generate even more interestHow stupid is this? Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) 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. george washington 40 yd dash time, Home of BroadcastJim, Leo Laporte Cant Even Get anyone to Call the Tech Anymore. Mail 617-306-7939 ~ Electronic Mail: radio.usa @ outlook.com ) have said, reached. I had to post a link to this on my blog.it was a little! 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