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Listing ID: 451 Total Viewed: 1481

Well Established Singapore Largest Internet Radio For Sale

Singapore

Asking Price : SGD50K - 100K

Revenue: Not Disclosed

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2013

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD20,000

Staff: 11

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
I have a big project to work on and to start up plus establishing a new business takes a lot of time. Hence due to time constraint and focusing attention being reduced, I decided to let someone to take over the station and make it a even better one!
Business Description
The Live Radio is currently run by Chat Chat Media Pte Limited and is looking for a business person to run and manage the largest Singapore internet radio station with more than 77 thousand listeners everyday and with some days even hit as high as over 200 thousands listeners just that day. The station statistic is rapidly increasing since 2012. We even have DJ from Hot FM 91.3 in our station. 

Profits came from different sources not just radio advertisement. 
All asking price are negotiable and this is a good opportunity since the branding is there already! It's good for brand awareness and creation. Willing to sell 90% or full. Willing to also stay back for 3 months for the station for a better hand-over. 
Business Operations
Business Hour:
24/7
Preferred Skills:
Preferred buyer to have media related knowledge or experience.
Supporting and Training:
There will be a 3 months training period will be offer to ensure the smooth transition which will includes: - Running a radio station - Technical aspect of the station (eg. what to do when the system crashed? etc) - How to Market & Promote the station further - How to generate revenue from all different types of way (Including ads) - etc
Staff:
2 Local, 9 Part Time
Property Information
Premise Status:
Rent
Rental Fee:
SGD0
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
The Live Radio is the largest internet radio in Singapore with over 77 thousands listeners every day. This radio will definitely help boost any companies branding through ads and marketing. Radio also has a high amount of influence rate which can influence the listeners to buy certain products or services over time.
Competition:
The Live Radio is the largest internet radio in Singapore hence there's no competition.
Expansion Potential:
To sell ads not just locally by internationally as our listeners are all came all around the world. 75% local, the rest are from different parts of the world like US, Malaysia, etc. Not just selling ads, The Live Radio has a very good potential to win some FM radio in Singapore too! Which in another words, generate more and higher income.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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