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- RE: Economical TV & Broadcasting Company
- Contact: Seilertucker.com
Quick Facts
Asking Price: | $537,474 | |
Annual Revenue: | $454,319 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $153,564 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $225,000 | |
Year Established: | 1994 | |
Employees: | 4 | |
BBN Listing #: | 260253282 | |
Broker Reference #: | 6716 |
Business Overview:
This business is the perfect headline for any social media, news broadcasting, or radio presenter. This company will help you to expand your brand. This one-of-a-kind video production and TV broadcasting company is now available for sale. This unique firm has been covering news stories nationwide for over 25 years. With over 600 different TV stations as regular clients, there is never a shortage of events needing to be covered. These clients include:
- Statewide TV & News Coverage in Southeast
- National TV News Coverage for all 50 states
- Statewide TV Documentaries
What drives the company is its ability to specialize in political programming, exclusive events, and commercials and get it on TV. Frequently it is able to air the programming the same day it was filmed. With the recent COVID-19 pandemic, the company has adapted by broadcasting virtual conferences and events. Though almost all business has suffered, this company has been able to bounce back and keep providing the quality coverage its customers have grown to expect.
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Property Features and Assets:
The Real Estate includes a building with 4 offices, a kitchen, and an additional 400 square feet storage facility. This real estate worth $225,000 is not included in the asking price.
Market Competition and Expansion:
As the only business of its kind, this company has a strong foothold in its market and does not expect to encounter competition of any kind any time soon. The TV and Broadcasting Industries have seen a recent boom due to COVID-19. The popularity of television has spiked, meaning this company has not been negatively impacted. Moreover, there has been a high demand for TV and related streaming services in recent years causing content production to become increasingly competitive. The high demand for TV coupled with the adjunct increase in competition has led to the Golden Age of Television.
Reason for Selling:
Owner is retiring.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Louisiana businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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