Cash Flow: $187,000

Cash Flow Comments: EBITDA

FF&E: $320,000 (Included in Asking Price)

Seller Financing: Buyer will need to arrange for own financing, if required.

This is definitely one of the best absentee owned and as well as a perfect turn-key opportunity that we have seen. With the owner’s experience in broadcasting and the selection of a great group of employees, this station has gone from a marginal operation to a star performer in just a few years. The signal has a substantial reach, far beyond its primary market area. Whether you might be an expanding company seeking growth through acquisition, or a broadcaster looking for that right opportunity, this Rocky Mountain station, operating over 2 decades, should be at the top of your list.

Facilities: The administrative offices are located in a smaller community (less than 30,000 population). The roughly 2500 sq. ft. are leased under attractive conditions. The facilities are very adequate and it is anticipated that no upgrades or improvements would be needed by the buyer. The equipment has been upgraded in the last few years, and improvements/upgrades have been made in both the broadcasting equipment and with the antenna. The property where the antenna is located is owned by the station and is part of the sale.

Market Outlook and Competition: The station is very well managed and has been well maintained. Revenues continue to grow year after year. Based on the population and market in their effective advertising area, it is estimated that the upside for this station is at least $1 million in revenue.

Management Training and Support: Because the station is very will managed, current employees should be able to satisfy any post-sale support to the buyer. However, the owner is open to assisting buyer post-closing under negotiable terms.

Reason For Selling: Asset diversification. Majority of owner’s net worth is tied up in the station.