Albuquerque Journal (Albuquerque, NM)

Owners say they built radio station KENC to sell it.(Business Outlook)

Byline: Emily Van Cleve For the Journal

SANTA FE -- KENC Enchantment FM 102.9, a 21/2-month-old radio station, is for sale. But managing partner Will Sims says he and his partners, Don Davis and Dave Clifford, intended to sell the station when they first talked about putting it together in 1999.

"The idea was to build the station and then sell it," explains Sims. "It is not for sale for financial reasons. The station has no debts. We are in good shape financially."

Plans to build the station and immediately sell it were put on hold when Santa Fe resident Jim Duncan expressed an interest in becoming a financial partner and the station's program director late last summer. …

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