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 __________________________________ Do you Yahoo!? Yahoo! Search - Find what you’re looking for faster http://search.yahoo.com |
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