Radio Station Investment Opportunity in Havre de Grace, USA
Media-company with a radio station serving over 3.5M weekly listeners and offering business promotion.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 540 thousand |
| EBITDA Margin | 40 % |
| Industries | Radio Stations |
| Locations | Havre de Grace |
| Local Time | 7:39 PM America / Nipigon |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
160 thousand
for
15.0%
stake
(Native Currency: USD 160,000)
Reason: Funds will be used to upgrade and modify the company's transmitting and production facilities.
Includes physical assets worth
USD
350 thousand
Business Overview
- The company owns and operates two state networks and a radio station, with the radio station established in 1948, averaging 53,000 unique weekly listeners, and the networks serving 155 radio affiliates.
- The radio station and networks collectively reach over 3.5 million listeners weekly, making it a significant player in the local media market.
- The primary service offered by the company is the provision of commercial time, which businesses utilize for promoting and growing their brands and services.
- The company's news networks offer a wide array of content, including newscasts, sports, weather, and farming and agriculture news, catering to the local communities in Maryland and Pennsylvania.
- With a small team of 4 employees, the company has effectively managed to maintain and grow its presence in the local media landscape, showcasing operational efficiency.
- The company's long-standing presence since 1948 reflects its deep-rooted history and experience in serving the local communities, potentially indicating a strong brand reputation and customer loyalty.
- The company's strategic location in Havre de Grace offers a unique advantage, providing access to both local and regional markets.
- The business holds a valid FCC license. for operations in the states.
- The radio station and networks collectively reach over 3.5 million listeners weekly, making it a significant player in the local media market.
- The primary service offered by the company is the provision of commercial time, which businesses utilize for promoting and growing their brands and services.
- The company's news networks offer a wide array of content, including newscasts, sports, weather, and farming and agriculture news, catering to the local communities in Maryland and Pennsylvania.
- With a small team of 4 employees, the company has effectively managed to maintain and grow its presence in the local media landscape, showcasing operational efficiency.
- The company's long-standing presence since 1948 reflects its deep-rooted history and experience in serving the local communities, potentially indicating a strong brand reputation and customer loyalty.
- The company's strategic location in Havre de Grace offers a unique advantage, providing access to both local and regional markets.
- The business holds a valid FCC license. for operations in the states.
Products & Services Overview
Radio station with classic hits format. Commercial time is the most used service. Businesses use the commercial time purchased to promote and grow their business.
Assets Overview
The tangible assets owned by the business are:Computers, software, audio equipment, transmission equipment, contracts, fixtures, furniture, FCC license.
Facilities Overview
The store-front studio is located in downtown Havre de Grace. Facilities are leased, but all equipment is owned by my company. Space includes two offices, a meeting area, and two studios.
Capitalization Overview
Currently, we are funded by the owner's capital, and business revenues. The owner holds 100% of the company stake.
Recent Activity
-
Earlier than 15 daysDirector, Broadcasting, London, Individual Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
