If someone offered me enough I might sell. But it needs to be enough to be worth my while to walk away from:
A) a job I enjoy most days B) walking away from recurring revenue for the next 10 years C) enough to distribute to my employees who have helped build the company to what it is today. I’m not going to just take money and say “see what suckers!” Most of them work as hard or harder than I do. They’re getting a chunk of any sale that happens. > On Aug 22, 2020, at 10:56 AM, Ken Hohhof <af...@kwisp.com> wrote: > > > What stopped me from selling several years ago was the tax consequences. > Uncle Sam was going to get almost as much as I was. > > It’s possible that hiring a good tax advisor in advance could improve this > situation. Also if you’re thinking about buying or selling, it would > probably make sense to look at current taxation of capital gains and any > associated tax dodges, and how that might change in various post-election > scenarios. > > Generally I’ve only been interested in cash deals. I remember when Keyon > wanted to buy me out with stock, and claimed that Keyon stock was “better > than cash” because it would increase in value. Next thing I heard, they were > in bankruptcy. But I have heard of merger-like acquisitions where the seller > gets stock and even an executive position in the acquiring company. For some > people, that might be a better situation, both from the standpoint of a > continuing income, and how much Uncle Sam grabs. Not sure if there would be > a capital gain if you get paid in stock, and what the cost basis would be for > that stock down the road if you sell it. > > > From: AF <af-boun...@af.afmug.com> On Behalf Of Steve Jones > Sent: Saturday, August 22, 2020 9:21 AM > To: AnimalFarm Microwave Users Group <af@af.afmug.com> > Subject: Re: [AFMUG] Buying and selling ISP’s > > The boss wants to find some around here for sale, but jab/rise kind of > cleaned out the shelves. It seems the last few standing either did merger's > or are just standing on pure spite and irritation like us and wouldnt sell if > their teeth were getting pulled out. > > On Sat, Aug 22, 2020, 9:16 AM Mike Hammett <af...@ics-il.net> wrote: > What does the revenue multiplier end up being, though? > > 5x EBIDTA / revenue gets you what, in purchases that have been made? > > > > ----- > Mike Hammett > Intelligent Computing Solutions > > Midwest Internet Exchange > > The Brothers WISP > > > > From: "Chuck McCown" <ch...@wbmfg.com> > To: "AnimalFarm Microwave Users Group" <af@af.afmug.com> > Sent: Friday, August 21, 2020 8:20:47 PM > Subject: Re: [AFMUG] Buying and selling ISP’s > > 5 x ebidta > Revenue multiples are of no value. > > Sent from my iPhone > > On Aug 21, 2020, at 5:30 PM, cjwstudios <cjwstud...@gmail.com> wrote: > > > 1x annual revenue and hope the customers stay on > > On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes > <mattli...@rivervalleyinternet.net> wrote: > This is the issue I’ve always had when I’ve looked at buying an ISP. It > always seems like a lot more money I would have to put out to buy then I > could just build and take the customers if something is wrong with the > current network. > > > > > On Aug 21, 2020, at 12:43 PM, Seth Mattinen <se...@rollernet.us> wrote: > > > > > > On 8/20/20 8:13 PM, Steve Jones wrote: > > >> I think you either buy or sell, isp isnt really a flip thing > > > > > > > > > There is/was someone in my part of the country buying up ISPs and trying to > > package them all together as a flip. My ISP customers tell me it's far > > easier to get the flipper's customers to cancel and switch than buy their > > company. > > > > > > -- > > > AF mailing list > > > AF@af.afmug.com > > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > > AF mailing list > > AF@af.afmug.com > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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