Northern California High Speed Internet Provider to Small Community - Absentee Owned! - SC2262
Communication & Media Businesses for Sale
- Primary Category: Other Communication & Media Businesses for Sale
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.
Financial Information
- $299,000 Asking Price
- $67,500 Cash Flow
- $100,000 Gross Revenue
- $299,000 Down Payment
- $67,500 Adjusted EBITDA
Business Location
- City: Northern California
- State: California
Reason for Sale
- The reason the Seller is selling is to pursue other interests.
Detailed information
- Year Established: 2008
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Inventory Value: N/A
- Monthly Rent: N/A
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: $100,000
Training/Support
- The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.
Facilities
- 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 Outlook/Competition
- 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.
Business Listed by
Brett Sargent
Sunbelt of SacramentoContact Business Broker
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