DirecTV, VOIP And Internet Provider For Apartments
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $200000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Company needs to be taken to the next level.
Description DIRECTV System Operator selling business, including entire portfolio of property contracts. We provide single satellite dish solutions to property owners, sign long term contracts. DTV pays residual income on all DTV bills in the properties, creating long term stable income. Business has ROE (Right of Entry) with apartment owners giving full rights to market TV, phone, & internet. Most contracts are 10 year, with some 7 and 5 years. All signed within 1 year. Currently only DIRECTV is provided, and once internet and or phone is launched, cash flow will significantly increase. Portfolio consists of 20+ properties, 1,000+ total units, 250+ DTV subscribers. This business need to be taken to the next level, there are many additional revenue streams yet to be tapped. Most properties are in Los Angeles and Hollywood, with many desirable locations. If interested please make offer.
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