NOT DISCLOSED, California
| Asking Price |
$299,000 |
Year Established |
2008 |
|
| Annual Revenue |
$100,000 |
Reason for Selling |
The reason the Seller is selling is to pursue other interests. |
|
| Annual P/L |
|
Attention |
Brett Sargent |
|
| Annual Cash Flow |
$67,500 |
Listing Number |
1007878 |
|
| # of Employees |
|
Business Category |
Technology: Communications & Media |
|
Business Overview:
This Northern California High Speed Internet Service Provider is a California S Corporation and was started 18 years ago by the current owners and founders. Servicing a small community in Northern California, they provide high speed broadband internet and are dedicated to delivering reliable and fast internet access with competitive rates and no hidden fees. There is approximately 130 units in this small community and Escape services approximately 83 units at $99.99 per month, and 2 units are $74.99 per month. The only competitors in this area are satellite internet companies and customers are not satisfied with that type of service due to the terrain and reliability. This is an absentee-owned business.
Property Features and Assets:
There are no pole fees, rents, utilities, equipment rentals, salaries or any other monthly expenses except an Optical Line expense with AT&T of $2732.39 and a yearly expense for USA North Fee of $300.00. There is a line-of-sight tower on the property that could be used for future expansion for WISP opportunities.
Market Competition and Expansion:
The broadband services market in the United States is expected to reach a projected revenue of $113.83 Billion by 2030. A CAGR of 7.5% is expected of the US broadband services market from 2025 to 2030.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity