Radio-wireless business with two large commercial buildings/parking

Lubbock County, TX
Asking Price:$2,500,000
Established Year:1978
ASSET SALES DESCRIPTION

Consistent monthly recurring revenue, long established relationships.

We've been in business for over 40 years in the two-way radio and wireless communications business. Our customers are state and local government, medical, university, oil and gas. We have two buildings, 14,000 and 9,000 sq ft plus adjoining parking lots, about a city block of land. We would like to sign a long-term lease for 7,000 sq ft for our call center we operate but that is optional to the buyer. There are two 180 ft towers, that we own, connecting us to our customers throughout West Texas. The business generates approximately $500,000 annually. We get approached on an annual basis from buyers interested in purchasing our towers, ATT, Verizon, T-Mobile. We have three experienced employees that work for the business. We are asking $2.5 million for the business, properties, towers and land.


DETAILED INFORMATION
Location
Lubbock County, TX
Facilities
Two 150 ft Towers (appraised value $470,000 per tower) Two service vehicles, F150 Ford pickup and Ford focus delivery car 14000 sq ft two story building 9000 sq ft building Three large parking lots Fully equipped service area 400 two-way radios used for event rentals
Support & Training
Experienced staff in place to maintain new and existing customers.
Reason for Selling
retiring
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Kevin Ryan
Kevin Ryan