The seller is not a bank. Why should they take on all the risk? What happens if the buyer is a complete imbecile and runs the network into the ground and defaults on payments? Now you are in court suing for money you will most likely never see, and even if you retake possession of the network, it may be in shambles or most of your customers have left. We walked away from a couple of buyers who would not pony up the cash. I'd say as one who sold a wisp, if the buyer can't afford it, or can't arrange their own financing, you don't want to sell.
On Wed, Mar 19, 2014 at 1:39 PM, Mike Hammett <wispawirel...@ics-il.net>wrote: > There's many more buyers out there. > > > > > ----- > Mike Hammett > Intelligent Computing Solutions > http://www.ics-il.com > > ------------------------------ > *From: *"Randy Cosby" <dco...@infowest.com> > > *To: *"WISPA General List" <wireless@wispa.org> > *Sent: *Wednesday, March 19, 2014 11:00:34 AM > > *Subject: *Re: [WISPA] Selling ISP > > Is anyone actually buying right now? I haven't heard much about the big > buyer (Jab) lately. > > > On 3/19/2014 9:49 AM, CBB - Jay Fuller wrote: > > > The going rate, we've seen (and has been discussed here many times), is > about 1.5x annual revenue > > ----- Original Message ----- > *From:* Eagle One Wireless <e...@e1w.com> > *To:* 'WISPA General List' <wireless@wispa.org> > *Sent:* Wednesday, March 19, 2014 10:33 AM > *Subject:* Re: [WISPA] Selling ISP > > We priced ours at 2.5x gross revenue. We had about 10 companies contact > us. > I would say 5 were serious but they wanted us to finance it so we decided > not to sell. > > Thanks, > > Kevin Melson > Eagle One Wireless > 1505 Hwy 72 E > Corinth, MS 38834 > 662-287-1722 > e...@e1w.com > www.e1w.com > > > > > -----Original Message----- > From: wireless-boun...@wispa.org > [mailto:wireless-boun...@wispa.org<wireless-boun...@wispa.org>] > On > Behalf Of Ryan Morgan > Sent: Wednesday, March 19, 2014 10:30 AM > To: wireless@wispa.org > Subject: [WISPA] Selling ISP > > What is the current rate for selling your ISP! I would like to sell, for > health reasons. > Thanks for your help! > Jean > _______________________________________________ > Wireless mailing list > Wireless@wispa.org > http://lists.wispa.org/mailman/listinfo/wireless > > > ----- > No virus found in this message. > Checked by AVG - www.avg.com > Version: 2014.0.4336 / Virus Database: 3722/7216 - Release Date: 03/19/14 > > ----- > No virus found in this message. > Checked by AVG - www.avg.com > Version: 2014.0.4335 / Virus Database: 3722/7208 - Release Date: 03/17/14 > > _______________________________________________ > Wireless mailing list > Wireless@wispa.org > http://lists.wispa.org/mailman/listinfo/wireless > > > > _______________________________________________ > Wireless mailing > listWireless@wispa.orghttp://lists.wispa.org/mailman/listinfo/wireless > > > -- > Randy Cosby > InfoWest, Inc435-674-0165 x 2010 > --- > This e-mail message contains information from InfoWest, Inc > and is for the sole use of the intended recipient(s) and may > contain privileged, proprietary or confidential information. > > Unauthorized use, distribution, review or disclosure is > prohibited. If you are not the intended recipient, please > contact rco...@infowest.com by reply email and destroy > the original message, all attachments and copies. > > > _______________________________________________ > Wireless mailing list > Wireless@wispa.org > http://lists.wispa.org/mailman/listinfo/wireless > > > _______________________________________________ > Wireless mailing list > Wireless@wispa.org > http://lists.wispa.org/mailman/listinfo/wireless > >
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