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Wireless Internet Service Provider Based North West For Sale

UK
Asking Price:
On request
Turnover:
£200K - £500K
Net Profit:
Available on request

The company is an established Wireless Internet Service Provider in North West, providing internet and voip to residential and commercial customers.
The business supplies robust, purpose-built solutions utilising high-end technology, with no reliance on traditional wired networks.
As part of its services, the company also provides VoIP solutions, internal mesh Wi-Fi booster systems, Wi-Fi health checks, and flexible monthly contracts.
The business has maintained high gross profit margins consistently year-on-year.
Our clients are now offering it for sale to facilitate further growth under the impetus of new ownership.
Offers invited.
Produced a turnover of £488k in YE23, with an adjusted EBITDA of £210k.
Maintained high year-on-year gross profit margins.
Secured a large infrastructure installation project for a leisure park.
Benefits from high customer retention rates as a direct result of its excellent customer service and unique offerings, cultivating long-standing relationships with over 1k clients, all of which provide ongoing custom.
Predominantly residential customer base; however the company also benefits from strong relationships with non-residential clients within the education, leisure, and wider business markets.
Receives high levels of recurring revenue with over 890 active subscriptions, which continues to grow as an average of 10 new clients are onboarded per month.
Established infrastructure with rapid installation and deployment capabilities.
Operates from leasehold premises.
Potential to capitalise on the exponential growth in home automation, the WFH movement, as well as further promoting its VoIP solutions ahead of the redundancy of traditional copper wire networks.

Property Information

Property:

Leasehold