MergerPlace

Wireless Internet Development Co. - Reno

Reno, Nevada (Washoe)


  • Asking Price: $350,000
  • Gross Income: $796,000
  • Cash Flow: $208,100
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #224363
  • Established: 2017
  • Employees:

Business Description

Unique, pioneering, telecommunications business with established Internet Service Provider (ISP). Providing reliable, fast, affordable and secure high speed, 4G, LTE and, 5G, LTE broadband Internet connectivity to underserved communities across the United States and Canada (including rural homes, places of work, schools, hospitals and more).
Investment structure involves parent company ISP and investor entering into a profit-sharing Joint Venture (JV). Parent company designs, orders, and installs the access points and towers as well as providing ongoing maintenance for all equipment and system infrastructure. Parent company also procures local subscribers from underserved areas. Investor purchases and pays for equipment (antenna’s, ground equipment, etc.) necessary to transmit the high-speed Internet and owns a defined territory that will be continually developed with additional towers, access points and equipment. Parent company and investor share in operating expenses and profits, 50-50.
With more than 16,000 subscribers across 11 states, the parent company ISP has assembled a highly experienced leadership team sourced from the telecommunications industry with more than decades of experience and a proven record of success.
According to the Federal Trade Commission, almost 20 million Americans – 6 percent of the population – still lack access to fixed broadband service at threshold speeds. In rural areas, nearly one-fourth of the population —14.5 million people—lack access to this service. In tribal areas, nearly one-third of the population lacks access. Even in areas where broadband is available, approximately 100 million Americans still do not subscribe. This is the opportunity to bring reliable, fast, and secure Internet connections to rural areas across the United States and earn an aggressive return on investment.
Additional investment features include:
*Wireless Internet access is a major commodity and profits in this space are very high
*Parent company ISP supplies the support, training, billing system and internet tracking devise for any outages
*Investor can be as active in the JV as they would like, or they can be a passive JV partner
*This is not a franchise, so there are no royalties or advertising fund contributions
*No significant organized competition in this rural space
*Additional revenue streams include Internet TV and Internet Protocol TV, Voice Over Internet Protocol and home
security.
Contact Ryan for detailed information about this business at 800-387-7030


Business Details

Primary Business Category: Internet Related - Other Internet
Location: Nevada
Metropolitan Area: Reno
County: Washoe

Company Information

Year Established: 2017
Home Based: Yes
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $350,000
Gross Revenue: $796,000
Cash Flow: $208,100
Seller Financing Available: No

Property Information

Facilities:

Contact for detailed information about this business.

Growth & expansion opportunities:

High demand allows for continual long-term growth of this business.

Competition:

Excellent name in the industry.

Support & Training:

Full training and support.

Contact Business Seller

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Business Listed By:

Ryan I.

International Franchise Consulting