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Internet Service Provider Company

Date Posted: 05-25-2023 Last Updated: 06-05-2023
Financial Information
Price: $1,600,000
Annual Revenue: $1,137,584
Annual Net Profit: $469,263
Revenue Multiple: 1.41x
Profit Multiple: 3.41x
Post Details
Business Country: United States
Currency: US Dollars
Brokerage Firm: Business Exits
Additional Information
Other Tech  
Description

For sale is a 14-year-old Washington-based company with two domains that provide internet services to outlying rural communities. The first domain uses short-haul wireless links to deliver fiber capacity to remote and distant rural customers creating fast internet links with little to no interference. The second domain provides wireless technology within a 25-mile radius of its core tower. The business has over 800 client subscriptions, 100% recurring, with an average order value of $90.73 per month. 57% of revenue comes from Domain No. 1 subscriptions, and 43% comes from Domain No. 2 subscriptions. In addition, there has been a steady uptrend in revenue growth. The owners look forward to retirement but have a staff of 5 who they are confident will stay with the company post-sale. A new owner would need knowledge and understanding of fixed wireless internet, wireless routers, and radio equipment. However, it can be learned, and the owners have developed an in-house training curriculum to support a smooth transition.  

2020

2021

2022

Revenue

$1,082,598

$1,097,411

$1,137,584

SDE

$348,252

$388,073

$388,073

 

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