MergerPlace

Mobile WiFi & Passenger Information Sys.

Uni, New Jersey (Morris)


  • Asking Price: $200,000
  • Gross Income: $375,317
  • Cash Flow: $75,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208473
  • Established: 2012
  • Employees: (4) P/T Independent Contractors

Business Description

The company is a Value Added Reseller (VAR) and system integrator specializing in mobile WiFi and passenger information systems for public & private transportation fleets enabling business traveler, students & others to maximize their productivity during their commute. The company provides installation & technical support. The company currently has recurring monthly income of
($17,500+/-). The data plan makes Internet access possible for passengers using the free WiFi. The monthly recurring income does not include billing for new hardware, software sales or non-warranty repairs. There is a total of 160 +/- mobile routers currently installed and been in business for 9 years. There are no Full Time employees & 4 Part Time Independent contractors. The company has only (1) account, therefore, this transaction can be structured as an earn-out whereas payments to the seller continues monthly as long as the account remains as a paying customer. For further details call or email Larry Bodner 908-851-9040/larrybodner@gmail.com


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey
Metropolitan Area: Uni
County: Morris

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: (4) P/T Independent Contractors

Financial Information

Asking Price: $200,000
Gross Revenue: $375,317
Cash Flow: $75,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Founder’s death forces sale

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers