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Successful Internet Service Provider For Sale

Paphos, Paphos District, Cyprus
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
Not applicable

Established 15 years, with over a 1000 customers and growing..

The sale includes the customer base, both wireless, DSL and Fiber connections. There are two areas available, Polis and Peyia/Paphos.

The Polis area includes and office with a direct 1GBPS fiber connection, a 3 bedroom house, and 10 relay nodes. There are around 450 customers in this area, which also includes a small sub-system covering Polemi and Armegetti.All equipment is included and ready to continue.

The Paphos area includes 9 relay sites, around 600 customers. The office is not included as it is used in our other business areas, however the purchaser may continue to use it as a relay site, but will have to provide the connectoin to the internet. This was planned as part of the expansion to connect to the local loop network for VDSL and Fiber connections, but has not been done yet.The area also includes a small sub-system covering Sea Caves.

There are 2 installation vehicles, and the purchaser may transfer the existing staff to assist with a smooth transfer.

Currently the network is run as a single system. The sale is due to the owner suffering a medical issue and is unable to continue supporting the customers long term. I will upload some more photos

Property Information

Real Estate:

Lease

Lease Terms:

All rentals are fixed.

Leasehold Rent:

€6,000 per annum

Living Accommodation:

3 bed villa with ensuite facilities, located in rural location. Basement area for storage and utility room.

Location:

Polis office is located in a prime location, with parking available.

Premises Details:

Office rents are fixed, there is a small monthly rent for the roof space at Green Hills..

Business Operation

Expansion Potential:

Possibility to expand over the whole island.

Competition / Market:

Paphos area has quite high competition, Polis area only has a few competitors. However, no other providers offewr both VDSL/Fiber and wireless connections.

Reasons for selling:

Owner has suffered a medical issue.

Trading hours:

10am-2pm Mon-Friday, Support hours 8am-8pm Mon-Fri, 10am-4pm Weekends and Holidays, 24/7 Voicemail outside of these hours.

Employees:
Currently 3 staff (full and part time)
Years established:
15 Years

Other Information

Support & training:

Full support and training will be offered, with a handover period. Buyer does need good knowlege of mikrotik and Ubiquiti equipment. TV services currently provided by uktv.media as a reseller using MAG series devices.

Furniture / Fixtures value:
€10,000 - included in the asking price
Inventory / Stock value:
€30,000 - included in the asking price

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