Having a Broker allows you to maximize the revenue and net financial outcome for you,  the Seller.   We know what to look for in your Organization to add value that you may be missing.   We know what elements should be addressed before offering your station (s) and we are experienced in the long process of working with Buyers,  Sellers,  Attorneys,  Engineers and such.  We find that in most cases we are able to generate more than enough income to where our costs are covered and not an addition cost to close.

Yes,   Fowler Media will only represent Sellers and Buyers who have retained FCC Counsel.   It is important for the purpose of having a strong,  smooth closing with the FCC that your FCC Counsel be looking out for you on each step of the transaction.

If your Station is properly priced and you as the Seller are on board with the process and are educated on what to expect,  many of our stations have a commitment to sell within the first 90-120 days, however based on each individual scenario,  it can take up to quite some time to have a commitment to sell.

Before we speak with any potential Buyers,  a very solid Buyer specific NDA (Non-Disclosure Agreement) is signed and obtained by those parties.   They are bound legally to keep this information confidential.  Additionally,  Fowler Media only markets properties to Potential Buyers of whom they have knowledge of.

While Owner Financing can be a very strategic way of building retirement income and have substantial tax benefits,  it is becoming more common than not all cash deals meaning the Seller is paid in full at closing.    Each scenario is different and is based on the needs of the Seller and Buyer,  but either is a viable option.

Absolutely not.   While it would stand to reason that the nicer and newer your facility and equipment is,  most mainstream Broadcasters have certain ways of doing business,  certain brands of equipment they use and to sell your station in 2024,  it is important to keep the price point as low as possible.   Just make certain your facility has been maintained well,  serviced well and you keep good records.

First off,  outside of the documentation required to physically file documents with the Assignment of License to the Federal Communications Commission,  only documents that you and the Buyer agree upon being delivered are required.  Having said that,  documentation in a 2024 sales environment is vital.  The more you can document,  the better chances of increasing your net sale price.  You can expect to produce Sales Figures for the last 24 months,  Collections Numbers and Deposits for the last 24 months,  Expense Reports and a detailed outline of payroll expenses.  If you can deliver these items,  you will be well within line of where most Sellers are at.

We will help you valuate your station and find ways to increase the value anywhere we can and then we will go to work to get that number for you.   You should be aware though that old valuation and pricing methods really no longer hold true.  At the end of the day,  you should expect to receive offers that fall within a certain multiple of the annual cash flow of the station with some consideration for tangible assets.

Broadcast Cash Flow.

In today's climate,  we market your station to whom it makes sense to own and operate the station,  however it would be our experience that you will receive a higher net cash sale to an individual or smaller operator because they are going to be in a position to net a higher cash flow by operating it versus a larger group that will have significant built in expenses.

While this is a great idea and has provided for a comfortable monthly income for long time station owners,  it is becoming increasingly more popular for non-cash buyers that are obtaining financing to include real estate and vertical real estate in the purchases so they are utilized for collateral.

The day before the deal is packaged up and ready to be filed and submitted electronically for the assignment of license with the Federal Communications Commission.

It is typical that whomever has billed for services-meaning whoever has their name on the invoice,  it goes to them.

In most cases,  you will experience an asset sale for cash.   This means you are not purchasing the Company,  you are purchasing the assets from the Company.