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Radio Station for sale

R

radioroni

[size=10pt]Radio Station for sale - Little Rock AR Rank # 84 - Make an offer[/size]

Radio Station for sale Including property, tower site, land, new transmitter, Studio and office owned
http://www.radio-locator.com/cgi-bin/pat?call=KZTD&service=AM&status=L&hours=D
Little Rock AR market, Rank # 84 - Make an offer
We own the tower site, 3 + acres of land, the tower, the transmitter building, a new 3000W transmitter, a studio, office, a one room apartment that a couple can live in.
I'm thinking of selling the station only because I'm got married in South FL. where I live and own business.
Buyer will get a great station with a great cover of many cities such as Austin, Cabot, Beebe, Garner, Jacksonville, Mc Rae, Sherwood, Ward, Little Rock, North Little Rock, Searcy and Conway AR.
A very desirable up coming area !!! Don't miss that opportunity !!!
The asking price for the all package is $350,000 OBO
Feel free 2 call me with any other question,
Thank you
Arik Lev
Tel 954-274-2794 [email protected]
 
radioroni said:
[size=10pt]Radio Station for sale - Little Rock AR Rank # 84 - Make an offer[/size]
Click to expand...
Now, this is something. Every now and then, on many of these boards, someone will ask how to start or buy a radio station.

Well.............here's your chance!

So where are all those starry-eyed would-be owners who often pine emotional and wax eloquent about how they would do things if only they could have their own radio station.

The silence is deafening.

Any takers yet radioroni??
 
Ah, my friend, you know the answer...Much talk..no money....(because there is too much talk and no action!) AND...the beat goes on.....Tnx JBI
 
Yeah, I'm gonna' be all over that one!

I'm one of those guys. A lot of talk and dreaming. Not enough money. But... a little bit of good sense.

Little Rock is served by what... about 22 (commercial) FM stations and about 11 AM stations. And I'm going to buy this thing because I've got a great programming idea that will just take Little Rock by storm!

I don't think so.

Now, if it were in an an area, a geography where I was interested in, I would go and size up Cabot as a "micromarket" and see if some of my finely crafted BUSINESS ideas along with my programming ideas had a chance of survival if Cabot... as a local market.... was my incubator. Frankly, for my first outing I am NOT drawn to exurban communities that tightly clustered to the mother-ship city.

My first radio job was in one of those 9 to 12 AM stations now serving "the Little Rock Market". I also worked in Arkadelphia, Stuttgart, and Brinkley. Throw in Paris for good flavor.

One of the things that has changed since I created my little fantasy... was that back when I worked those Arkansas stations, a man with a First Phone and the amount of cash it would take to buy a new automobile could get an equity position in his first station. That was the day when the tax law on capital gains mandated that a lot of stations were for sale for NO MORE than 29% down and the rest in payments.

I got the First Phone but before I could scrape up enough cash I had babies ready for college which has a way of eating cash.

I moved on to other industries and have had a good time of it. But the dream just won't die!

Come on guys. Don't be so dismissive of us day-dreamers as a class. Some of us might have a bright idea or two.

Now where did I put my Geritol.

Maybe I ought to start this discussion on the Georgia Board and see if there is one within three hours of Atlanta. That might get exciting.
 
AM 1290 WCHK is for sale just north of Atlanta in Canton, GA. Was a great local am station and paired with a great oldies FM station called Sunny 100.3. However, the owners (McClure Broadcasting) sold out. The new owners only wanted the FM signal to change it to Espanol to reach more of the illegal aliens in north Atlanta/Georgia. They have silenced the am signal and put it up for sale. On the Atlanta board someone said the asking price was $2.2 million. According to the board, They sold both stations for $3.8 million.

Looks like a great ripoff compared to $300,000. Atlanta is market 9 though. WCHK did high school football and they even read the obits twice a day from the local funeral homes in Cherokee County, GA.
 
For our friends in Arkansas: Canton GA sits above Atlanta the way Conway sits above Little Rock. Nice market. Whatever the equitable and fair price that should be set for this station, it will be too rich for my blood. I helped start a new church in Canton so I know the market well.

Even if I could afford it, I would probably like to be a bit more disconnected from the Metro Umbrella.... be in a community that is not having trouble deciding if it is it's own town or is it just a bedroom suburb.

The operator who should acquire it are the people from Ellijay GA who used to manage the station in Canton for McClure. The Ellijay FM actually operates today from Jasper and sells a lot of advertising in Canton. The Ellijay people are well connected in Canton and if they acuired the station would hit the ground running. It would be one grand homecoming.

Beyond football and obits, the station was strong in covering local news.
 
No, it's not a top dog or has the potiential to be in market #84, but it can make some buck doing something that is making a comeback in many suburban areas of market's #50 to the non-rated areas.... IT'S CALLED "LOCAL RADIO"... If I had the cash, I'd be there in a heartbeat... I see a market and won't share it here... Why? I've had most of my ideas taken and have been left in the sand with nothing to show for it... I have a friend running a 250 watt day 1 watt night station in a metro county seat next to Evansville that bills 20 to 30 thousand a month with heavy listenership on the Net... He's one of the top streamed stations in Indiana as alot of us miss the mom and pop full service days.... It's radio that's making alot of us feel close and cared for... If I can find the bucks, I'm on it.... Any partners out there, in the wings... I would want to know the grounding system and the conductivity count of the terrain, the shape of the transmission stuff.. I'd drive down to look at it... ::)
 
So tell us radioroni, what have you done to improve the station since you bought it four months ago that would make us think it's worth twice that when you bought it?
Increased sales? Upped ratings? Sold the land?
 
thedoubleM said:
So tell us radioroni, what have you done to improve the station since you bought it four months ago that would make us think it's worth twice that when you bought it?
Increased sales? Upped ratings? Sold the land?
Click to expand...
Hmmmmmm. This could be the pilot for a new reality TV show: "Flip That Station".

Of course, it would be on cable......
 
I've talked with the owner before, and the guy who was running it (part-time while he sold cars). I don't think anything's been done to it at all except moving from Spanish to Talk. This would be a great combo with Citadel's Cabot signal which is in divestiture. Cabot is such a bedroom community, though, I'm not sure there's enough local business to support either, much less both.

I don't think the AM could make it on it's own, especially with parking lot coverage at night. That would eliminate most of the sports coverage. Streaming, if one could afford it, is an interesting thought, tho....
 
$350 grand....and I'm going to buy a radio station....riiiiight.... Well, if I had $350 grand I would probably buy it but it being in Little Rock, AR and it being AM, then probably not. This is certainly not an everyday normal purchase with people. Good luck on the offers though.
 
A friend of mine visited the Cabot station. He says they are terribly illegal. No EAS, no public file, no staff, ratty equipment, etc. Why would anyone pay $350k for something that will cost a fortune to fix?

LF
 
:-[ And if Larry says it, it must be true.. seriously, ..... so i wonder how he justifies a $350K price.. maybe just simply trying to get a return on his investment?

Paul
 
Oh this one gets to be really, really interesting.

Go back one more transaction and see what the fellow paid for the station who then sold it to the present owner.

Try to find a telephone listing for this station. Hmmmmm.

Go to the aerial maps of the transmitter site listed in the FCC records and try to find a building or a tower.

From a distance, this does not look like a station that has much promise as a community radio station serving the city of Cabot. One has to find a speciality.... Spanish, etc. and try to make that work on what ever you can reach in the metro area.

Cabot appears to be a bedroom community that grew like a weed in recent years. In browsing through the Chamber of Commerce site and looking a member businesses... the market is not deep.

A home town person with other business interests or employment to keep him/her afloat might be able to nurse this thing along as a community based radio station.

If you are going to try and be a specialty signal to the metro, with 33 other stations in the mix, what are you left with as a specialty?

P.S. If you didn't get the drift: I'm not excited about this one.
 
And I'll bet the e-mail address is bogus. Wonder if any sucker would fall for their BS in the meantime.
 
How can it be a "great station" if it has no revenue, no staff, no phone, no EAS, no public file, etc?

And no street address!
 
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