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-   -   For sale: Parttial ownership in AM/FM station in Virgian college town. (https://www.radiobanter.com/broadcasting/28528-sale-parttial-ownership-am-fm-station-virgian-college-town.html)

Meyer Gottesman March 12th 04 11:21 PM

For sale: Parttial ownership in AM/FM station in Virgian college town.
 
For sale:

(The "Radio Crazy" is baaaaaakkk!!)

Partial interest in AM/FM station in beautiful small
Virgian college town.

Joint venture. Active or inactive investors with
$20,000 min. each are welcome. No individual may own
more than 49 percent of the stock. This rule applies
to me too!

AM is 1 KW fulltime, non-directional, class "C" which
was once called class IV or "local" or "graveyard".

FM is class "A" with superhigh tower.

They are asking $400,000 for the pair and this
includes the main building, about 3.25 acres of land
and the AM tower. The FM transmiter site is leased at
$400.00/month.

Station grossed about $170,000 in 2003 includigj
trades and showed a slight profit. In 1999 it did a
lot better billing about $270,000 so there is
obviously room for improvement.

I am NOT an agent, broker, shill, owner or part owner.
More important, I am NOT a crook!

Tel: (478)741-1710 in Macon, GA.

73,

Meyer Gottesman, W6GIV
aka "Radio Crazy"
aka Moron Gottesman

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