Established Internet & TV Provider with Strong Contract Base

Online & Technology
Lake County, IL
Asking Price:
$4,500,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Serving a diverse range of residential and commercial clients in a well-developed suburban market, this communications provider delivers reliable TV and internet services with a solid reputation built over nearly three decades. The business specializes in bulk service agreements for multi-dwelling units, including apartments, senior living facilities, hotels, and offices, complemented by individual customer sales. Long-term contracts generate a substantial recurring revenue stream, with a diverse client base supported by dedicated sales, installation, and maintenance teams. Operating from leased office and storage spaces, the business benefits from stable cash flow and a well-established presence in a region characterized by an educated population and robust household incomes. This creates a strong foundation for ongoing success and offers potential for expansion through enhanced outside sales efforts.

Facilities & Infrastructure

  • Leased 2,200 sq ft office space
  • 1,000 sq ft of dedicated storage
  • Additional leased facility spaces
  • $3,000 monthly lease expiring December 2029

Property Highlights

  • Strategically leased spaces optimize operational efficiency
  • Ample storage supports inventory and equipment maintenance

Key Business Facts

Cash Flow
$995,620
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$7,135,239.00
Total annual business income before deducting expenses
EBITDA
$507,910.00
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$35,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 1994
Employees 10
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
$3,000.00 per Month
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 1.17%
U.S. Avg. +4.1%
Median Household Income $108,917
U.S. Avg. $74,600
Median Age 38.90
U.S. Avg. 38.9
Bachelor’s Degree+ 46.95%
U.S. Avg. 38%

Economy

State GDP $884,965M
U.S. Avg. $28.8T
GDP YoY 1.38%
U.S. Avg. +2.4%
Unemployment 5.11%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 292
U.S. Avg. 380
Property Crime / 100k 1627
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Opportunity to expand by adding outside sales personnel
  • Potential to increase contract volume through targeted outreach

Operation & Support

  • Comprehensive owner-led training provided for up to 4 weeks
  • Business operates with all necessary licenses and permits
  • Owner involvement suggests moderate management commitment
  • Leased premises with secure tenure through 2029
  • Owner exiting to pursue other ventures

Lifestyle Fit

  • Ideal for buyers seeking a stable business with growth potential
  • Moderate owner oversight with existing trained team in place
  • Best suited for entrepreneurial operators focused on client relations
  • Potential for semi-absentee management via established systems

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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