Absentee Telecomm Biz with Recurring Revenue

This well-established, 50 year-old business is fully absentee and presents a prime opportunity for a new owner to drive growth. Acquired as a division of its parent company in 2018, the parent is now divesting this division to focus on its core operations. The current owner spends less than 2 hours per week managing the business.

The company operates two 180’ towers in Lubbock, ensuring seamless connectivity for its clients. With a network of over 900 digital pagers, it provides reliable communication services to major medical facilities. Additionally, it supplies Motorola and Icom two-way radios, supporting the communication needs of the University, government agencies, and the oil and gas industry. The business also generates revenue by leasing tower space to tenants, including T-Mobile and a local bank.

With an asking price of $300,000, the business generated revenue of $440,569 in 2024, with seller’s discretionary earnings of $105,584. The estimated value of furniture, fixtures, and equipment is $260,000, while leasehold improvements are valued at $100,000. The company is supported by a team of 3 employees, offering a solid foundation for continued growth.