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Asking Price:	$1,000,000 USD USA Dollars
Business for Sale Industry:	Services: Communication, Technology
Reason for Selling:	Looking for fast expansion and dominant majority.
Year Established:	2007
Yearly Cash Flow:	$500,000
Yearly Gross Income:	$1,200,000

Business for Sale Overview:

This major IPTV business is being serviced by AT&T and Verizon. This will enable the company to become a market leader and the dominant company in IPTV Korean niche market in the U.S. The infusion of this capital will help MYTV-US Korean IPTV solidify and increase its niche US-Korean market nationwide over the next 6 months, with future plans to take this global. This infusion is projected to yield a gross profit of $500.000 by the end of 2008, and approximately $12.000.000 by y/e 2009. The business plan and all related info and statistics are available for review to the prospective equity investors.

Property Features and Assets:

Facility in Korea operates over internet with US facilities in NJ and Chicago to regulate programing.

Market Competition and Expansion:

With the additional capital from equity partners, the projected growth of the business is an increase of 500 percent. The anticipated income is $500,000 this year, and in calender year 2009 the growth and income should reach or exceed 12,000,000.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.