Highly Profitable Internet & TV Provider

Lake County, IL
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Asking Price:$4,300,000
Gross Revenue:$5,531,555
Rent:$3,000/Month
FF&E:$35,000
Cash Flow:$747,564
Inventory:$100,000
EBITDA:$134,696
Established Year:1994
BUSINESS DESCRIPTION

This listing is for a highly profitable provider of TV and internet services located in the northern Chicago suburbs that is available to a qualified buyer. This business offers a buyer a consistent and substantial yearly cash flow of over $700,000. They specialize in internet and TV services to living spaces like apartments, senior living centers, hotels, offices, condos and more for bulk sales and to individuals as well. This award-winning business has been a long-established fixture in their community for decades with a large number of customers and a great relationship with many residential, medical, business and more entities as clients. They offer Multi Dwelling Units bulk deals that are unmatched in the local marketplace with multiple tiers of service via satellite and online options. The business covers the sales, installation and maintenance of their services as well. Their revenues and cash flow have remained consistently strong over the last four years and over $100,000 in asset value is to be transferred with the business sale. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the listing agent online or by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent within 24 hours (weekdays), please contact them by phone.


DETAILED INFORMATION
Location
Lake County, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
31/12/2029
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased. 2,200 sq ft of office space. 1,000 sq ft storage and additional space. $3,000/month and expires 12/31/2029
Growth & Expansion
Add Outside Sales
Support & Training
Owner will train the buyer for up to 4 weeks
Reason for Selling
Other Business Interests
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Tommy Farmer
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Tommy Farmer