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City Station Owner Wanted

Location  Alberta,Canada
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $5000000
Net Profit / Cash Flow  $5000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  24/7 included with price.
Reason for Sale  Licensing stations to independent owners.
Description  3WestTv operates a network of online media stations dedicated to Independent Artists of all mediums & genres (Under 17A). We have 1 City station for sale. This are online/offline operations where the station owners interact directly with the quadrant their station is. The quadrant station owner -Hires the staff for the daily, and weekly live broadcasts -Sells and or arranges for sponsorship prize packages for the top performing artists on their station -Oversees and implements the ''Indie Artist'' competition at their level. -Markets and promotes all city stations with top city performing artists. -They head the ''Indie Artist'' competition, oversee all levels of sponsorship and advertising for this competition. -Heads and gives direction for the weekly, monthly, quarterly and yearly city advertising, promotion, marketing campaigns. -Oversees the development and launch of any new competitions and promotions for City based artists. -Sells and deals with potential city wide or larger advertising clients and sponsors. They are the final level of the ''See It. Feel It, Touch It'' component of 3WestTv. You can be part of a new way of thinking, communicating and entertaining, or sit on the sidelines waiting for the last minute replacement. Startup costs are $2,080,000 for the first year license, equipment and training. Yearly license renewal fee is $155,500 per year. Monthly costs are $249.95 per month plus $7.95 per month per ad. Business Insurance costs at rate set by agencies (min 2million liability). City Licensing fees for live outdoor (Spring/Summer) events. (May also be a City Business Licensing Fee) Plus any overhead cost you incur. Additional income is developed by the higher levels of stations. 3WestTv deals with SOCAN, ASCAP and any other regulatory body that we may encounter. 3WestTv also deals with bandwidth and all online operations with 24/7 technical support. You can reach me by e-mail or by phone 403-769-9180
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