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Minneapolis, Hennepin County, Minnesota
Asking Price
$15,000,000
Revenue
$775,000
Down
Call/Email
Cash Flow
$5,949
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
291041
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
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Nevada
Internet Service Provider - In Business 15 Years
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CF : $ 100,000
Semi-Absentee Owned Nevada Based Internet Service Provider - Incredible Growth Opportunity - SC2214 Financial Information Asking Price: $749,000 Cash Flow: $100,000 Gross Revenue: $400,000 Down Payment: $749,000 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: No Real Estate Value: Negotiable 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. 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. Seller does own the property, and would be willing to sell the property and tower for an additional fee. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
California
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California
Fine Dining Restaurant - Absentee Owner, Type 47
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San Diego, California
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