This Inland Empire, CA-based AM station is mid-dial "Smart" Talk Radio format. The station has a 1kw (1000-watt), Fulltime Day/Night Class C License and is listed in the most recent Arbitron Book. The station services much and most of the greater Inland Empire area including Banning, Big Bear Lake, Perris, and Murrieta. The signal also reaches Temecula, Palm Springs, and Desert Hot Springs. The station is located on a little over 4.7 acres of land near the city center (also for sale), which housed the facilities and the antennas. The station can be easily relocated and the property converted into 18 (or more) parcels for development. Without development, the potential plots have a current fair market value of $70,000 to $115,000.
The local listener base is over 755,000 local/regional residents, with a potential expanded audience of between 41 and 48 million annually. The station is located on the vital I-10 Corridor, linking the L.A., Las Vegas, Orange County, and San Diego key markets.
The station has renewable, no-cost contracts with the Los Angeles Kings, Dodgers, and Lakers to broadcast games. Additionally, there is a contract with Talk Radio Network for programming as well as numerous shorter-term contracts with local, regional, and independent shows across the nation.
The station has all the equipment of a modern radio station and production facility and is prepared for a full catalog of production services and has both in-house editing and script writing. The sale includes the complete FF&E, which includes all computer and studio equipment used for production, transmitting/receiving equipments, and all office equipment and fixtures.
In addition to the local listenership and the abundance of tourist destination in the Inland Empire, including resorts and golf courses, there is a larger opportunity and growth outlook for the area. Apart from the rapidly growing cities and townships, there are several large-scale communities under construction. Among these are developments by Deutsch, Pardee Homes, and Loma Linda University. The market outlook for the region is bright and the Inland Empire area of Southern California is recognized as one of the fastest growing in the nation.
Buyers must be able to display ability to provide payment. Terms are possible and negotiable. Brokers welcome and commission paid for buyer leads.
|