It’s been a busy first quarter. Assignments granted, new listings and updates, and upcoming FCC Reports. Specifically, the Q1 Issues and Programs Reports are due April 10th. Don’t forget. As we’ve said in the past, these reports are not supposed to be “all PSAs, all the time”. Here’s a primer we’ve prepared for clients. Keep in mind this is just one approach, but it does have the key elements that the FCC wants to see. Download Here.
We’ve got some quality listings for sale in California. Some come with Seller financing; some with good sales and cashflow; and some represent a chance to show your stuff and turn it around.
Monterey County: Three FMs, one AM, and three Translators: Asking $190,000 for everything.
Los Angeles County AM/FX Combo with a highly monetized website: Asking $1.15 million and Seller Financing.
Gold Country AM/FM-FX Combo. Strong sales, management in place, and built-in financing. Stock Purchase at $395,000 cash to existing debt.
Santa Barbara County AM with Translator. Asking Price: $195,000. Translator is well-positioned and has a CP to relocate and expand coverage.
South Coast rated market Non-Comm FM: $247,500. High Desert Non-Comm FM: $75,000. Santa Barbara County Translator: $40,000.
North Coast standalone FM with one owned Translator and one non-fill-in Translator. First-Class operation with strong legacy: Asking Price: $450,000.
N. San Joaquin Valley FM: Good rated markets. Nice operation. Good sales. Asking Price: $495,000.
Palm Springs Market LMA or Purchase: FM Station available for a Local Marketing Agreement OR Purchase. LMA: $3,000 plus operating expenses and a $9,000 deposit. Purchase Price: $450,000. May consider terms.
Central San Joaquin Valley AM: The station is currently silent since it was taken over by a new owner. Signal will reach more than 800,000 people. Asking price is $175,000 OBO. Motivated Seller.
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