Internet Service Provider Company

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

 

Financial Overview

Asking Price: $1,600,000

Revenue: $1,137,584

Income: $469,263

Multiple: 3.4x

The listing is either pending or closed so the NDA cannot be signed