Media TV and Internet Provider For Sale

Business description

This major IPTV business is being serviced by ATandT 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 information

Real Estate:

Lease

Lease terms:

Rent is undisclosed with 120 months remaining on the lease.

Other information

Expansion potential:

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

Support & training:

Yes

Reasons for selling:

Looking for fast expansion and dominant majority of US-Korean market w/i shortest time

Financing available:

No

Furniture / Fixtures value:

$450,000

Inventory / Stock value:

$100,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.