Active
Expanding Tennessee Internet Service Provider
This internet service provider has been serving local residents and businesses for more than 15 years. Providing internet & satellite services to residential homes, commercial businesses, and multi-dwelling unit properties.
Highlights
- Subscription-based revenue model.
- Owner Operator wants to continue working within the business post-transition.
- Time and investment have been made for the past decade in growing the physical asset.
- $100K Spent on new build expenditures
- The operator and crew built & continue to build the network.
- This network is in a growing community that has major economic projects to support its growth in the coming few years.
Listed By: Jack Pritchett (CBI)
Background information
Reference:
N160-JP
Reason selling:
Owner is looking to pull some chips off the table, and gain the value of a partner.
Finance
Sales:
$1,162,943
Profits:
$281,264
Profit type:
Discretionary Earnings
Operations
Employees:
Current employees willing to stay. Owner Operator wants to continue working within the business post-transition.
Inventory:
$3,500
Premises
Facility:
Owned - Included in price
Location:
This network is in a growing community that has major economic projects to support its growth in the coming few years.
Opportunities
Growth:
Time and investment have been made for the past decade in growing the physical asset.
Price and terms
Price:
$4,999,900
Financing:
Seller Financing Available
Training:
Yes, he would like to stay on within the business.