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For sale: Part ownership in fantastic 4-station group in N. Michigan.
For sale:
(The "Radio Crazy" it's baaaaaaaaaaak!!) Partial ownership of fantastic 4-station group in Northern Michigan by Lake Huron. (One of the Great Lakes, silly!) Joint venture. Active or inactive investors with $100,000 each are welcome. Total asking price is $3.2 million and the studio building and land alone appraise at $600,000. The station's total billing was about $800,000. Three FM's and one AM. Here is the breakdown. 1-Class C1 FM, 100,000 watts ERP. 1-Class C2 FM, 50,000 watts ERP. 1-Class C3 FM, 20,500 watts ERP (25 KW but excessive ht. above avg. terrain) 1-AM, 5000 watts days, less at night, non-DA. In three communities. A "showcase" Only those fully identifying themselves will be told the call letters and cities of license. Tel: (478)741-1710 in Macon, GA. I am not a crook, shill, agent, owner or part owner. Please, no "FM bashers". 73, Meyer Gottesman, W6GIV aka "The Radio Crazy" __________________________________ Do you Yahoo!? New Yahoo! Photos - easier uploading and sharing. http://photos.yahoo.com/ |
On 22 Dec 2003 14:50:31 GMT, Meyer Gottesman
wrote: Joint venture. Active or inactive investors with $100,000 each are welcome. Total asking price is $3.2 million If you couldn't get anyone to even give you $5,000 trying for an Oregon AM in these groups and elsewhere for weeks, why do you think someone would give you $100,000? Just doesn't seem likely. Shoot for the practical, at least. |
wrote in message ... On 22 Dec 2003 14:50:31 GMT, Meyer Gottesman wrote: Joint venture. Active or inactive investors with $100,000 each are welcome. Total asking price is $3.2 million If you couldn't get anyone to even give you $5,000 trying for an Oregon AM in these groups and elsewhere for weeks, why do you think someone would give you $100,000? What are YOU doing to get some ownership for yourself, or to keep these (or any other) hometown stations from becoming voice-tracked corporate outposts? It's always easy to criticize those who have the courage to try. Paul Jensen Florida's Emerald Coast |
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