Seeking capital.
Wireless Internet Service Provider (WISP) has accepted our LOI
Seeking debt investors to get the deal across the line
Looking to do a 80/20 split with SBA and private lender but open to other creative financing options
Total asking price: $795K
Seller’s note: (10%)
Seeking up to $143K of debt equity from private lender to fund the remaining capital
I have a preferred SBA Lender available to cover 80% (if required) but open to a bundle package with a lender that can provide both private and SBA funding
Also, I am willing to fund up to 10% of personal capital (if needed)
Location: Texas
- Revenue: $859K
- Ebitda: $262K
- FF&E: $250K
- 85% Gross Margin, 28%+ SDE in 2023
I have over 10 years in this space therefore I will be positioned as owner/operator
Growth Potential: Add additional towers, install fiber optics, expand services to new customers & new markets
A roll-up strategy of other ISPs would vastly increase growth
The company was established in 2005 and has grown to provide wireless internet to customers in a wide area in Texas covering a few mid-sized cities and numerous small towns in the area
56 Towers: 50% are owned by the company and 50% are leased
Experienced Staff in place: Management, Engineers, Field Techs, Cust Service, etc.
High Quality equipment with great customer satisfaction ratings
Long term relationships with customers
Subscription/Recurring revenue (MRR)
This is an exciting opportunity to be a part of a growing ISP looking to expand in TX, Oklahoma, Louisiana & Arkansas
Only serious inquiries from financial professionals with the know-how to make deals happen
Please contact me for more details including personal and business financials. Thanks!
industry
Technology
Technology
location
Houston, TX
Houston, TX
revenue
$859,000
$859,000
ebitda
$262,000
$262,000
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