AM Radio Stations with FM Translators – Charlotte Area w/ Real Estate
Price: $600,000
Location: Charlotte, NC
Industry: Arts, Entertainment, and Recreation
Listing ID: 8082072
Listing Status: New
Offered for sale are two long-time local AM Radio Stations with FM Translators and a broadcast coverage area serving approximately 645,538 population. Strategically located in the fast growing Charlotte region along I-85, a main corridor providing a connection between the northeast and Atlanta. Current broadcast format is very local, community-based. Bring your creativity to expand and grow numbers and types of listeners, All equipment and relationships included to ensure success.
The sellers have other non-related interests that are requiring more of their time. Upside potential for a new owner operator to immediately grow the business.
FFE: $10,000
FFE Included: Yes
Year Established: 1992
Employees: 9
Facilities Information: The sale includes all equipment and employees to keep the business running smoothly. Commercial real estate parcel included in sale.
Training & Support: The seller is willing to train and provide support for up to 2 weeks after the sale. The seller is also willing to connect the buyer with all supplier relationships to keep the business running smoothly.
Potential Growth: Radio maintains a strong weekly reach of more than 82.5% of United States adults and has continued to be a valued channel to bring in advertising dollars. Simply by a new owner devoting more time to develop additional programming and content delivery, this successful business can quickly grow in size. For example, developing a Youtube channel would show an immediate impact in listener growth.