Don't forget about the few million dollars in upgrades every year. That takes a pretty big chunk of it.
On Mon, Aug 24, 2020 at 9:36 PM Matt Hoppes < mattli...@rivervalleyinternet.net> wrote: > Because the IRS likes to tax that. I’d rather spend the vaults on the > network and my employees than keep it in the vault. > > That said - we do have a small war chest. > > On Aug 24, 2020, at 10:04 PM, Mike Hammett <af...@ics-il.net> wrote: > > > I've often wondered how WISPs without competitors don't have Scrooge > McDuck vaults full of money. > > The last time I counted, my network touched over 20 other fixed wireless > service providers of one kind or another. > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > *From: *"Matt Hoppes" <mattli...@rivervalleyinternet.net> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Monday, August 24, 2020 8:05:04 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > I’ve often thought if a competitor ever came into town - I won’t give up. > > That’s surrender. No, I’ll go to war. It’s invasion of my territory. May > the best man win. > > If need be I’ll offer free plans for the first year and free installs. > > I had a competitor come in once, 35 million USDA grant. Guns were blazing. > Made threats about they had enough money to advertise us out of business. > > They are now bankrupt and not even a thought. > > On Aug 24, 2020, at 8:54 PM, Dave <dmilho...@wletc.com> wrote: > > > > Fight the Dying of the light .. Dont go out without a fight.. > > All I gotta say is they may take away our spectrum and slap us with more > reporting and more fees but Bring dat shiz > > We got this.. All said and done who can outlast the brute fist of the > Gorilla. > > Ill get off my soap box now ... you cant stop the tanker in me LOL! > > > On 8/23/2020 11:17 AM, Jeff Broadwick - Lists wrote: > > I have a couple theories about the selling market: > > 1. There’s never been more cash floating around our industry. It > provides options. There is also a good chance that smaller WISPs are about > to be over built with government money...another strong inducement to make > your best deal. > > 2. As an industry, we are about 20 years old. If you started the > business in your 40s or 50s, you might be easy to retire. If you started > it younger, you might be ready to cash out and go do something else. > > Jeff Broadwick > CTIconnect > 312-205-2519 Office > 574-220-7826 Cell > jbroadw...@cticonnect.com > > On Aug 23, 2020, at 11:54 AM, Ken Hohhof <af...@kwisp.com> > <af...@kwisp.com> wrote: > > > > I seem to remember this thread started with a post about buying, but there > seems to be a lot of interest in selling. I wonder why. > > > > Is it because customers are getting on our nerves? I know they’re getting > on mine. Everyone is stuck in their house doing everything on the Internet > and whining about it and waiting until the last minute and then needing > stuff right now this minute because we’re > streaming/gaming/Zooming/eLearning/teleworking here. Plus doing > construction on our house and the contractors are here right now taking > your dish off the roof or putting siding nails through your cable. Or > they’re buying/selling houses because interest rates are like zero or to > move away from the virus or to a different school district. > > > > > > *From:* AF <af-boun...@af.afmug.com> <af-boun...@af.afmug.com> *On Behalf > Of *Mike Hammett > *Sent:* Sunday, August 23, 2020 10:05 AM > *To:* AnimalFarm Microwave Users Group <af@af.afmug.com> <af@af.afmug.com> > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > I know it *CAN* be anything. > > > > I'm asking what it is for successful, arms-length, nothing special > transactions. I do expect there to be a range. > > > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <ch...@wbmfg.com> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Saturday, August 22, 2020 10:28:58 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > That can be anything. There is no connection between revenue and > earnings. You can have $2M in revenue but -$5M in income if you burned > cash to generate sales. > > Sent from my iPhone > > > > On Aug 22, 2020, at 7:35 PM, Mike Hammett <af...@ics-il.net> wrote: > > > > Right, but what I'm asking is that if 5x EDIBTA = Y, then what was Y / > annual revenue? > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <ch...@wbmfg.com> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Saturday, August 22, 2020 10:01:44 AM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > Whatever 5x your earnings are. Not sales or revenue or gross profit but > bottom line earnings on your income statement/ pl. Your taxable income. > > Sent from my iPhone > > > > On Aug 22, 2020, at 8:16 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 <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *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 > > > > -- > 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 > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- Lewis Bergman 325-439-0533 Cell
-- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
