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Nevada
Internet Provided w/Real Estate in NV Semi Absentee - SC2214
Asking Price
$650,000
Revenue
$400,000
Down
$650,000
Cash Flow
$100,000
Name: Brett Sargent
Phone: Show phone number
Name
Brett Sargent
Phone
Show phone number
Description
Financial Information
Asking Price: $650,000
Cash Flow: $100,000
Gross Revenue: $400,000
Down Payment: $650,000
This Nevada based Internet Service Provider (ISP) is a Nevada Sub-Chapter S Corporation that has been in business for the past 15 years under the current ownership. Covering remote areas in Nevada, this ISP has 4 towers that only have their equipment located on each tower. They do not require an annual contract or equipment purchase, no charge for maintenance and no hidden fees. There is no data limit and they provide fast and friendly local service. Frequencies being used include 900 MHz, 5 GHz and 3.6 GHz. Revenue for this business is a recurring revenue model. They are the only company within their service area that owns and manages multiple tower locations.
Business Location
City: Confidential
State: Nevada
Reason for Sale
The reason for selling is the Seller would like to retire.
Detailed information
Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 15
Adjusted EBITDA: $65,000
Inventory Included: Yes
Inventory Value: $5,000
Monthly Rent: $1,200
Real Estate Available: Yes
Real Estate Included: Yes
Building Size: 1200
FF&E Included?: Yes
FF&E Value: $300,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Facilities
Two of the towers are located on 0.75+ acres and go with the sale of the company. A third tower sits on Bureau of Land Management (BLM) property and has a forever lease that runs $600 per year. Also included in the price is the property and the fourth backhaul tower.
Market Outlook/Competition
The broadband services market in the United States is expected to reach a projected revenue of $113.83 Billion by 2030. A compound annual growth rate of 7.4% is expected of the United States broadband services market from 2025 to 2030.The Internet Service Provider market is experiencing rapid growth driven by increasing digitalization across industries and rising consumer demand for high-speed internet.
Real Estate Description
This business operates out of 1,200 square feet with a base rent of $1,200 per month, and the current lease term is 12 months. The lease includes the office location and 1 of the 4 towers as part of the lease. This property and the tower on the property is included in the sale price.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Posting Information
Posting ID:
290920
Attributes:
Broker Cooperation
Real Estate Available
Semi Absentee Run
Training And Support
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Posting Title
Internet Provided w/Real Estate in NV Semi Absentee - SC2214
Posting ID
#290920
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Agent, Broker or Seller Contact
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