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TV Station for Sale in Syracuse, United States

For Sale: Non-operational over the air television station on channel 16, in Syracuse, NY.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries TV Stations
Locations  Syracuse
Local Time 6:08 AM America / Chicago
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 575 thousand (Native Currency: USD 575,000)
Reason: Promoter is moving South.
Includes physical assets worth USD 575 thousand
Interested to connect with advisors
Documents
Coverage Map
Business Overview

- TV channel in Syracuse, New York that has been on the air for 30 years.

- We are currently off the air by choice for a few months. We will return to the air in the next month with new programming.

- New antenna, transmitter and exciter are ready for the explosion of NextGen TV (ATSC 3.0) broadcasting from the heart of Syracuse New York.

- Population count coverage of 547,737 and 219,434 households.

- Company owns FCC license for WZLH.

- Explosive revenue generation model with datacasting coming down the line with ATSC 3.0 in cars soon.

- We have already seen multiple similar channels for sale on 5-10 times the original investment in 2 years.

Products & Services Overview

Over the air television station for entertainment, news and music.

Assets Overview

New broadcast antenna and transmission lines, new ATSC 3.0 transmitter and exciter, encoder, channel brand name and web portal.

Facilities Overview

Business does not have an office space but owns a valuable FCC license for WZLH, channel 16.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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.

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