Ratings
Analysis & Radio Station Growth Company
Acquisition Opportunity – Mid Atlantic
Currently, the Company enjoys a high
level of focus in the two areas of the business: sales and programing. While
there are many benefits to this focus, it can have a limiting effect on growth.
By effectively cross training the consultants in each area, the Company can
expand services within clients by selling programming services from the sales
side and vice-versa.
The Company sees growth opportunities in
new vertical markets to build services and systems that can take data and
convert it into sales materials for radio stations, which can be expanded
beyond the radio business to encompass other advertisers. Television is one
example where the Company is already working with a TV broadcaster in two
markets using data and working to design a scalable service.
The owners are beginning to think about
retirement, they wish to explore transitioning the Company to new ownership,
allowing one of the owners to retire in 1-2 years and the other 2-5 years.
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Financial
Summary ($000s) |
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2020 Est by Seller |
2019 |
2018 |
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Revenue |
$1,300 |
$1,371 |
$1,559 |
|
Adjusted EBITDA |
$0.276 |
$0.376 |
$0.482 |
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Other Highlights |
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Financials |
Management Team in Place |
Years in Business |
SIC |
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Complied |
Yes |
25 |
7313 |
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