Business 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 |