For Sale: Manage Service Provider Services Provider - Nevada County

Description About This Posting: Manage Service Provider Services Provider

In this day and age, many would describe the Internet as "ubiquitous" (everywhere, all the time); or, maintain the expectation that it should be. All of the products and services related to Information Technology, including the availability and quality of bandwidth, is changing. Not only is there an expectation to have access to the "network" at all times, for some it is also expected that available access points offer high-speed (fiber) and/or super-high speed (microwave) speeds to facilitate this "ubiquity".

With mainstream use of the Internet only continuing to rise, Individuals, Companies, and Governmental Entities, all have an interest and/or need (in one form or another) to gain competitively priced bandwidth capabilities. For Governmental Agencies and Commercial clients, the ability to host traffic and data, access networks, and migrate data in the least amount of time possible has become an additional objective to consider in managing sustainability (and growth).

This Company, as a Wireless Internet Services Provider, has created the groundwork for a growth potential that is just staggering. First formed in 1998, and then incorporated and restructured in 2015, the Company is supported by a management professional with over 25 years of experience as a C-level executive and consultant, along with a IT Professional with over 25 years of experience in IT and Networking. This partnership has been able to converge ideas for growth, utilize key contacts, establish service partnerships and gain access to clients, whom all of which are now dependent on the Company (in some way) by their established market share.

Upon restructuring in 2015, the beginnings of their growth initiative was to gain the majority of the residential clients within their prospective area. In executing this objective, they would be the first to remark that they are first and foremost in the business of customer satisfaction (more than half all their residential clients have been gained through word of mouth). The keys to their growth initiatives were based on this idea and two others - all three being; first-rate customer service, top-tier service options (Fiber and Microwave capabilities), and competitive pricing. The business now absolutely encompasses these aspects with a strong foundation of utilized technologies, and a culture of care and professionalism modeled for success.

In 2016, as the leading service provider in their area, they entered into Phase II of this reorganization plan (financed by their footprint in residential services); significant reinvestment toward hardware, infrastructure, and service capabilities. They can now tout bandwidth capabilities for Fiber Internet (50 Mbps and up) and Microwave (10 Gbps and up), and bandwidth services to any area of the country domestically, and internationally. In these few short years since restructuring, they have evolved into the go-to provider for network services in their region for residential, Commercial, and a number of Governmental Clients.

This year, they were able to gain a cross-border client in Canada, and as stated, there are now ample opportunities available to the Company in engaging and gaining new clients. Once they get the client, they keep it, with a 99.2% retention rate y-o-y. In offering services as a remote provider, they are able to beat out competitors for available services, pricing, and in many cases both. Since their Corporate filing in 2015, they have not lost a single customer within their Governmental and Commercial client base; their overall recurring revenue rate for ALL customers is 88.5%.

Some technical details of the Company - the Company is a Cisco and Microsoft (Server) driven office. An aspect of their service capabilities fully licensed backhauls and hardened switches for uninterrupted wireless high-speed internet delivery.

The Company also offers services to a number of its Commercial Clients in the procurement, development, and management of a domain and/or website, Data Management, IT Support and Helpdesk, and Cloud Computing Services.

NDA is required for comprehensive CIM and any other due diligence documents on file with ProNova Partners.

Detailed Information

Real Estate: Owned, Included in asking price

Employees: 8

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Main street location with retail area, 7 tech work stations, full monitoring equipment and access / climate controlled server room. Many remote locations for distribution of microwave signals.

Competition: Comprehensive package on file covers this, NDA is required.

Growth & Expansion: Comprehensive package on file covers this, NDA is required.

Financing: If the price & deal structure is right.

Support & Training: Two (2) weeks, ten (10) hours per week as needed. Possibility of having professional transition consulting for seamless transition to new ownership.

Reason for Selling: Comprehensive package on file covers this, NDA is required.

Related Links And Information Regarding This Posting

Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Joe Sandbank, Esq. - Legal Services I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

What Is The Typical Business Broker Fee For Sellers And Buyers? Who Pays It? Was just asked the question from a business owner what the "typical commission" amount is for a broker or agent and if upfront fees are common? Thought this might be a great Discussion topic on BizBen for both business owner/sellers and potentially for business buyers (buyer representation).

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20? Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

Getting An SBA Loan To Buy A Small Business: Dispelling Some Major Myths When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA (at 925-785-3118) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

Top 100 List: This Week's Top Motivated Business Buyers & Their Requests! If you're trying to sell a business - check out this week's top 100 business buyers - one of these buyers may be looking to buy your type and location of business! This list is updated weekly - make sure you check it frequently! Are you searching to buy - get on this list and reach seller direct!

Financing A Business Purchase With Limited Or No Real Estate Collateral In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 925-785-3118 shares his experience.

What Factors Are Considered In Valuing A Small Business? Advisors Weigh In Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.

Financing Advice: Showing Add Backs To Get Business Acquisition Financing When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 925-785-3118 covers this topic on financing a business purchase.

Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reason The unfortunate truth is that approximately 50% of all small business sales transactions fall out. While failed transactions can happen for a many reasons, Peter Siegel, MBA (BizBen Director & Business Purchase Financing Expert) discusses the main reason deals fall through; steep asking prices.

See All News, Tips And Events