Summary
- Asking price:
-
$895,000
- Sales revenue:
- $750,000
- Net profit:
- $100,000
- Years established:
- Since 1999
- Employees:
- 5 full-time, 1 part-time
- Relocatable:
- This business can be relocated.
Business description
Wireless Internet Service Provider. High-Technology Company servicing only businesses. Five star rated customer list. This business is getting more involved with the up & coming IP/Camera Markets. Strong recurring revenue base with quality repair revenue contracts on Wireless Network Integration Systems. Included in the sale is inventory with resalable stock valued between $25,000-$35,000. Fixtures, Vehicles, Furniture & Equipment valued at approximately $35,000 & other assets valuable at over $250,000. Equipment includes: server farm equipment; radio equipment Installed on 20+ antennas & rooftops, 2 vans; tools & servicing equipment. A complete inventory list is available on request to serious inquiries. Asking price is $895,000 with a gross sales exceeding $750,000 & Owner benefit in excess of $110,000. Owner financing available with 75% cash upfront payment ($675K) Owner will finance the remaining 25% ($220K). Contact now for more information on this great high-in-demand business.
Property information
- Location:
- This business is based in beautiful sunny Sarasota on the Gulf Coast of Florida. Sarasota has been classed as one of America's best places to live, work & raise a family. Clean air, sparkling beaches & sunny climate have made it world famous as a center for good living. The recreational & cultural scene offer activities for every taste & budget. A diverse area of big city amenities & small town ease of living. Business owners & employees enjoy not only the good life but a thriving business climate. Top-rated schools, motivated workforce & affordable cost of living make Sarasota home to some of the most successful & productive companies in the country.
Other information
- Expansion potential:
- Excellent potential for expansion. Security Camera busines is extremely strong and growing stroner every day. If this company had surplus capital available to finance BreakFree powered business centers and condominiums, there would be a tremendous upside potential, with very little risk!
- Competition / Market:
- Very little competition in their specific wireless space, but strong wired carrier competition.
- Support & training:
- The President of the company will stay on for a period of 12 to 18 months to train new Owners & to ensure a smooth transition.
- Reasons for selling:
- Health reasons
- Trading hours:
- Monday through Friday 8:00am to 5:30pm
- Financing available:
- Owner financing available with 75% cash upfront payment ($675K) Owner will finance the remaining 25% ($220K).
- Furniture / Fixtures value:
- $35,000
- Inventory / Stock value:
- $30,000