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Toledo Country Station For Sale

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JGP1954
Posts: 155
Joined: Tue Aug 23, 2011 9:47 am
Location: Detroit Area

Toledo Country Station For Sale

Post by JGP1954 » Tue Sep 24, 2019 5:17 am

What Toledo FM Country Station is for sale due to the owner's impending retirement? Asking price is $1,650,000. Just curious!



Deleted User 14990

Re: Toledo Country Station For Sale

Post by Deleted User 14990 » Tue Sep 24, 2019 12:08 pm

Got to be 107.7. The station must be making money, as they have stuck with the format all this time.



Deleted User 12047

Re: Toledo Country Station For Sale

Post by Deleted User 12047 » Tue Sep 24, 2019 1:45 pm

Been for sale a long time, listed with a broker since at least 2016...



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Colonel Flagg
Posts: 1354
Joined: Tue Nov 18, 2008 3:54 pm

Re: Toledo Country Station For Sale

Post by Colonel Flagg » Tue Sep 24, 2019 8:10 pm

Dudley probably built it to sell it. Just as he has before.


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Deleted User 14990

Re: Toledo Country Station For Sale

Post by Deleted User 14990 » Wed Sep 25, 2019 1:13 am

107.7 is miles ahead of 107.3 and 106.5, not a top prize but at least decent. In terms of Market Coverage. I think for this station to sell to another commercial broadcaster, there would need to be someone like Sarkes Tarzian or Woof boom, to enter the market and also purchase 1-2 more stations plus WPFX.

The last I had heard, The Wolf was getting 3 shares.



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WOHO
Posts: 820
Joined: Thu Dec 16, 2004 12:05 am
Location: 2965 Pickle Rd.

Re: Toledo Country Station For Sale

Post by WOHO » Wed Sep 25, 2019 2:42 pm

Does the Wolf even subscribe to the book? They have a pretty decent following in BG, I hear it down there more than K100, so at least Wood County they're doing okay, but the population just isn't there to make the big money. Signal is okay. Is Dudley selling Fremont too?



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MWmetalhead
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Joined: Sun Oct 31, 2004 11:23 am

Re: Toledo Country Station For Sale

Post by MWmetalhead » Wed Sep 25, 2019 9:13 pm

They do not subscribe.



fuzzpower
Posts: 1027
Joined: Sun Mar 17, 2019 3:37 pm

Re: Toledo Country Station For Sale

Post by fuzzpower » Thu Sep 26, 2019 9:45 pm

I don’t recall seeing much promotion for 107.7, but I am in only in Toledo about once a month. 3 share sounds high, but Toledo does love country.



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MWmetalhead
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Posts: 11872
Joined: Sun Oct 31, 2004 11:23 am

Re: Toledo Country Station For Sale

Post by MWmetalhead » Tue Feb 18, 2020 6:13 pm

They got nowhere near full asking price and agreed to finance most of the purchase price to boot!!!

Thanks to JobyOne for the scoop:
https://mibuzzboard.com/phpBB3/viewtopi ... =9&t=49580



Deleted User 15062

Re: Toledo Country Station For Sale

Post by Deleted User 15062 » Wed Feb 19, 2020 8:55 pm

WOHO wrote:
Wed Sep 25, 2019 2:42 pm
Does the Wolf even subscribe to the book? They have a pretty decent following in BG, I hear it down there more than K100, so at least Wood County they're doing okay, but the population just isn't there to make the big money. Signal is okay. Is Dudley selling Fremont too?
Probably because the TX is just a few miles out of BG.



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