Re: [AFMUG] Buying and selling ISP’s

2020-08-25 Thread Lewis Bergman
.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> > ---

Re: [AFMUG] Buying and selling ISP’s

2020-08-25 Thread Lewis Bergman
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

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Steve Jones
> <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------ > *From: *"Matt Hoppes" > *To: *"AnimalFarm Microwave Users Group" > *Sent: *Monday, August 24,

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Matt Hoppes
nternet Exchange > > The Brothers WISP > > > > > From: "Matt Hoppes" > To: "AnimalFarm Microwave Users Group" > Sent: Monday, August 24, 2020 8:05:04 PM > Subject: Re: [AFMUG] Buying and selling ISP’s > > I’ve often thought if a competito

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Mike Hammett
t Internet Exchange The Brothers WISP - Original Message - From: "Matt Hoppes" To: "AnimalFarm Microwave Users Group" 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 tow

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Matt Hoppes
r 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. >

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Dave
:* AF *On Behalf Of *Mike Hammett *Sent:* Sunday, August 23, 2020 10:05 AM *To:* AnimalFarm Microwave Users Group *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

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Lewis Bergman
Agreed. I sold some equity to a current partner. In retrospect, way too cheaply. I should have sold it to him at a reasonable price and let him buy into the rest as he could afford it. On Sun, Aug 23, 2020 at 11:38 AM Chuck McCown wrote: > If they put skin in the game. Big no to gifting equity.

Re: [AFMUG] Buying and selling ISP’s

2020-08-24 Thread Lewis Bergman
the virus or to a different school district. > > > > > > *From:* AF *On Behalf Of *Mike Hammett > *Sent:* Sunday, August 23, 2020 10:05 AM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > I know it *CAN* be any

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread chuck
said, “OK, we had a nice year and your tax liability will be $10K, so happy to share that tax burden with you”. They took the offer. From: Mark Radabaugh Sent: Sunday, August 23, 2020 10:58 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s One of the most

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Mark Radabaugh
One of the most interesting thing about an ESOP that I didn’t realize is that the control of the company does not need to be under the control of the employees. The employees can hold 100% of the stock and still have zero control of the company. Employees don’t directly own the stock, a trus

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Mike Meluskey
Everyone should listen to Chuck re: all subjects of this entire thread. The replace bologna with Spam thread….not so much. On 23 Aug 2020, at 12:35, Chuck McCown wrote: I will never give employees ownership again. Has a couple really bad experiences with that. Sent from my iPhone On Aug 23

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Chuck McCown
If they put skin in the game. Big no to gifting equity. Sent from my iPhone > On Aug 23, 2020, at 7:45 AM, Lewis Bergman wrote: > >  > ESOP isn't a compromise. It is a group of employees willing to risk what they > have for what they want. I would rather sell to e employee's than anyone el

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Chuck McCown
I do profit sharing when there are profits that can be shared. Just not equity sharing. Sent from my iPhone > On Aug 23, 2020, at 6:22 AM, Matt Hoppes > wrote: > >  > Lewis, > It’s your business and you can do what you want to with it and I won’t judge > anyone for that. > > We do do prof

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Chuck McCown
I will never give employees ownership again. Has a couple really bad experiences with that. Sent from my iPhone > On Aug 23, 2020, at 6:09 AM, Mark Radabaugh wrote: > > Or do the compromise between you and Matt - the ESOP where the employees end > up owning it. You get nearly the same mone

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Mark Radabaugh
I meant ‘compromise’ in the sense that it rewards both the original owner and the employees., not in terms of the value out of the business. Mark > On Aug 23, 2020, at 9:45 AM, Lewis Bergman wrote: > >  > ESOP isn't a compromise. It is a group of employees willing to risk what they > have fo

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Jeff Broadwick - Lists
F On Behalf Of Mike Hammett > Sent: Sunday, August 23, 2020 10:05 AM > To: AnimalFarm Microwave Users Group > 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 &

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Ken Hohhof
competitor. From: AF On Behalf Of Tyson Burris Sent: Sunday, August 23, 2020 10:39 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s Steve- We have one individual on our payroll, part time. He does consulting work for us and others. Assuming he

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Matt Hoppes
se interest rates are like zero or to move away from the virus or > to a different school district. > > > From: AF On Behalf Of Mike Hammett > Sent: Sunday, August 23, 2020 10:05 AM > To: AnimalFarm Microwave Users Group > Subject: Re: [AFMUG] Buying and selling ISP’s >

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Ken Hohhof
quot;Chuck McCown" mailto:ch...@wbmfg.com> > To: "AnimalFarm Microwave Users Group" mailto: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 ear

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Tyson Burris
On Behalf Of Steve Jones Sent: Sunday, August 23, 2020 8:50 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s Is that a common thing in businesses? Employees getting a cut of a sale? I could see the purchaser giving a retention or severance, but I d9nt see how

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Mike Hammett
From: "Chuck McCown" To: "AnimalFarm Microwave Users Group" 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 inc

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Lewis Bergman
On the ESOP topic I will say I had a friend that still owns part of an ESOP. His father started it. He was lucky to have a group of employees that was eager to buy into the company. Last count I got from him more than 10 people have retired with at least a million dollar buyout. Every ESOP owner is

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Lewis Bergman
We did what most people would call profit sharing. I didn't view it as profit sharing for the simple reason that I always matched 100%, even when we didn't make a profit. Same with bonuses. If someone deserved a bonus, sometimes that didn't show up in the bottom line but they got it anyway. I am n

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Lewis Bergman
ESOP isn't a compromise. It is a group of employees willing to risk what they have for what they want. I would rather sell to e employee's than anyone else. On Sun, Aug 23, 2020 at 7:09 AM Mark Radabaugh wrote: > Or do the compromise between you and Matt - the ESOP where the employees > end up o

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Matt Hoppes
Is it common? No Why isn’t it common? I have no idea. Yes I as the owner took the risk. But X Y and Z employees have been here with me for the past 30 years and kept things running. Shouldn’t I be grateful for what they helped me build? Like I said - I’m not judging anyone who makes a deci

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Steve Jones
Is that a common thing in businesses? Employees getting a cut of a sale? I could see the purchaser giving a retention or severance, but I d9nt see how an employee would be entitled to anything more than a handshake or kick in the pants On Sun, Aug 23, 2020, 7:22 AM Matt Hoppes wrote: > Lewis, >

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Matt Hoppes
Lewis, It’s your business and you can do what you want to with it and I won’t judge anyone for that. We do do profit sharing at the end of the year. I guess it’s just a different cultural approach to business, while it’s true I do have all the risk, we wouldn’t be anywhere even close to where w

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Mark Radabaugh
Or do the compromise between you and Matt - the ESOP where the employees end up owning it. You get nearly the same money out and they eventually get the same deal - if they can keep it going and build it. It’s harder because you have to figure out how to both get it to cash out and build at t

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Lewis Bergman
This isn't the feel good kumbaya that might be popular, but I'll say this on the subject of division of profits: I started my WISP by myself. All of you who started with your own checkbook and sweat know what that took. My family sacrificed as I worked massive hours. I did everything from accountin

Re: [AFMUG] Buying and selling ISP’s

2020-08-23 Thread Matt Hoppes
Now that I think about it - I wonder if my plan of C would be a way to reduce income taxes too on the amount received? Either by funneling the money through the company and paying the employees or having the buying company write a check to each of the key employees. I’m not sure which would yi

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Steve Jones
they were both unique personalities. > > > > > > *From:* AF *On Behalf Of *ch...@wbmfg.com > *Sent:* Saturday, August 22, 2020 10:36 AM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > I sold to JAB. Got $9.5M fo

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
You can find anything on the Internet. How to burn cash: https://www.youtube.com/watch?v=e-oDl7Seix0 From: AF On Behalf Of Chuck McCown Sent: Saturday, August 22, 2020 10:29 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s That can be anything

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Chuck McCown
Microwave Users Group" > 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. > &

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Steve Jones
gt; > > *From:* AF *On Behalf Of *Steve Jones > *Sent:* Saturday, August 22, 2020 9:21 AM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > The boss wants to find some around here for sale, but jab/rise kind of > clea

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Lewis Bergman
ense keys for radios. Like capacity keys or > lite to full keys or all those keys you buy for a licensed link. > > > > *From:* AF *On Behalf Of *ch...@wbmfg.com > *Sent:* Saturday, August 22, 2020 4:19 PM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Bu

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Mike Hammett
Users Group" 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 2

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Mark Radabaugh
> keys or all those keys you buy for a licensed link. > > From: AF On Behalf Of ch...@wbmfg.com > Sent: Saturday, August 22, 2020 4:19 PM > To: AnimalFarm Microwave Users Group > Subject: Re: [AFMUG] Buying and selling ISP’s > > +1^6 > > I like my books to be s

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
Group Subject: Re: [AFMUG] Buying and selling ISP’s +1^6 I like my books to be surgically accurate and very current. I want to know exactly where we are every month. I have a third column of class of expenses in my books. Any of the crap I buy because I want to or I am experimenting or I

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
Subject: Re: [AFMUG] Buying and selling ISP’s Any WISP that has been around for 10+ years has probably expensed or depreciated several times as much equipment as is currently active in their network. Do you have to identify which expensed or depreciated equipment is still in use

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
You need to ask your accountant. I know it was a huge phantom income for us. From: Tushar Patel Sent: Saturday, August 22, 2020 2:36 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s I am very curious on the subject of depreciation recapture. So, were you

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Mark Radabaugh
at back. I presume >> stuff you junked does not count. >> >> From: Ken Hohhof <> >> Sent: Saturday, August 22, 2020 12:04 PM >> To: 'AnimalFarm Microwave Users Group' <> >> Subject: Re: [AFMUG] Buying and selling ISP’s >> >&g

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Mark Radabaugh
ent: Saturday, August 22, 2020 12:04 PM >> To: 'AnimalFarm Microwave Users Group' <> >> Subject: Re: [AFMUG] Buying and selling ISP’s >> >> Any WISP that has been around for 10+ years has probably expensed or >> depreciated several times as much equip

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Tushar Patel
y, August 22, 2020 12:04 PM > To: 'AnimalFarm Microwave Users Group' > Subject: Re: [AFMUG] Buying and selling ISP’s > > Any WISP that has been around for 10+ years has probably expensed or > depreciated several times as much equipment as is currently active in their >

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
Subject: Re: [AFMUG] Buying and selling ISP’s Very few want to buy a company for reasons you already laid out. I also found from a different corporate sale that if they buy the company they seem to discount the price about 25 to 30%. looking at it both ways it didn't seem to make

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Lewis Bergman
; > > I know most buyers prefer an asset sale to a stock sale, in case there are > ghosts in the closets. But would a stock sale avoid this problem? Does it > matter C Corp, S Corp or LLC? > > > > > > *From:* AF *On Behalf Of *ch...@wbmfg.com > *Sent:* Saturday,

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Chuck McCown
erm > contracts, but how long does that last? And if service declines after the > sale, many customers will say that contract was with the previous company not > you. > > > From: AF On Behalf Of Bill Prince > Sent: Saturday, August 22, 2020 1:45 PM > To: AnimalFarm Micro

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s Buyers with too much funny money, or I'm missing something. I guess if you're coming in as the 800 lb gorilla, you can cut some corners. -- bp part15sbs{at}gmail{dot}com On Sat, Aug 22, 2020 at 11:41 AM Lew

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Chuck McCown
I know most buyers prefer an asset sale to a stock sale, in case there are >> ghosts in the closets. But would a stock sale avoid this problem? Does it >> matter C Corp, S Corp or LLC? >> >> >> From: AF On Behalf Of ch...@wbmfg.com >> Sent: Saturday, August 22

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Bill Prince
blem? >> Does it matter C Corp, S Corp or LLC? >> >> >> >> >> >> *From:* AF *On Behalf Of *ch...@wbmfg.com >> *Sent:* Saturday, August 22, 2020 10:51 AM >> *To:* 'AnimalFarm Microwave Users Group' >> *Subject:* Re: [AFMUG] Bu

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Lewis Bergman
> *From:* AF *On Behalf Of *ch...@wbmfg.com > *Sent:* Saturday, August 22, 2020 10:51 AM > *To:* 'AnimalFarm Microwave Users Group' > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > One concept that was new to me in my sale was depreciation recapture. If

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Lewis Bergman
aturday, August 22, 2020 12:04 PM > *To:* 'AnimalFarm Microwave Users Group' > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > Any WISP that has been around for 10+ years has probably expensed or > depreciated several times as much equipment as is currently active in

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Lewis Bergman
stock sale, in case there are > ghosts in the closets. But would a stock sale avoid this problem? Does it > matter C Corp, S Corp or LLC? > > > > > > *From:* AF *On Behalf Of *ch...@wbmfg.com > *Sent:* Saturday, August 22, 2020 10:51 AM > *To:* 'AnimalFarm Mic

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Matt Hoppes
. > > From: Ken Hohhof > Sent: Saturday, August 22, 2020 12:04 PM > To: 'AnimalFarm Microwave Users Group' > Subject: Re: [AFMUG] Buying and selling ISP’s > > Any WISP that has been around for 10+ years has probably expensed or > depreciated several tim

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
ubject: Re: [AFMUG] Buying and selling ISP’s Any WISP that has been around for 10+ years has probably expensed or depreciated several times as much equipment as is currently active in their network. Do you have to identify which expensed or depreciated equipment is still in use and which w

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Matt Hoppes
re are > ghosts in the closets. But would a stock sale avoid this problem? Does it > matter C Corp, S Corp or LLC? > > > From: AF On Behalf Of ch...@wbmfg.com > Sent: Saturday, August 22, 2020 10:51 AM > To: 'AnimalFarm Microwave Users Group' > Subject: Re:

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
: 'AnimalFarm Microwave Users Group' Subject: Re: [AFMUG] Buying and selling ISP’s One concept that was new to me in my sale was depreciation recapture. If you fully expense or 179 expense or if your equipment is old enough to have fully depreciated, all the depreciation expense comes back t

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Matt Hoppes
There are two options with a company: Build it up and sell - which needs to generate enough one time income to satisfy removing years of recurring. Built it up and smoke it until it’s gone - which basically means you grow it huge, invest in it during the prime years, and then smoke it until it

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Matt Hoppes
h to have fully > depreciated, all the depreciation expense comes back to bite you in the ass. > You will be taxed on it. > > From: Ken Hohhof > Sent: Saturday, August 22, 2020 9:39 AM > To: 'AnimalFarm Microwave Users Group' > Subject: Re: [AFMUG] Buying and selling ISP

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
On Behalf Of ch...@wbmfg.com Sent: Saturday, August 22, 2020 10:36 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s I sold to JAB. Got $9.5M for 6000 customers as I recall. Travis, Sterling and I all sold about the same time to them. Once debt was

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
Group' Subject: Re: [AFMUG] Buying and selling ISP’s That is very dependent on whether the business is being run as “milking the cash cow” or “reinvesting to grow the business”. Especially since section 179 allows a lot of capital purchases to be expensed in the first year. I suspect many W

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
, August 22, 2020 9:39 AM To: 'AnimalFarm Microwave Users Group' Subject: Re: [AFMUG] Buying and selling ISP’s That is very dependent on whether the business is being run as “milking the cash cow” or “reinvesting to grow the business”. Especially since section 179 allows a lot

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
cancellations. Like when asked about Frontier, I describe them as the slum landlord of phone companies. From: AF On Behalf Of Chuck McCown Sent: Saturday, August 22, 2020 10:02 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s Whatever 5x your earnings are

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread chuck
Group Subject: Re: [AFMUG] Buying and selling ISP’s 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 h

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Matt Hoppes
been made? > > > > - > Mike Hammett > Intelligent Computing Solutions > > Midwest Internet Exchange > > The Brothers WISP > > > > From: "Chuck McCown" > To: "AnimalFarm Microwave Users Group" > Sent: Friday, Au

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Chuck McCown
uot;AnimalFarm Microwave Users Group" > 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 wrote: >

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Ken Hohhof
Microwave Users Group 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 se

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Seth Mattinen
On 8/21/20 7:13 PM, Ken Hohhof wrote: In reality, many dialup ISPs used wholesale modem banks and their only expense was advertising, and their only asset was customers. I still see that today. "We're nationwide!!" Congrats on being able to resell AT&T I guess. -- AF mailing list AF@af.afmug

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Steve Jones
nel/UCXSdfxQv7SpoRQYNyLwntZg> > ------ > *From: *"Chuck McCown" > *To: *"AnimalFarm Microwave Users Group" > *Sent: *Friday, August 21, 2020 8:20:47 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > 5 x ebidta > Revenue

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Mike Hammett
quot; To: "AnimalFarm Microwave Users Group" 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 wrote: 1x annual revenue and hop

Re: [AFMUG] Buying and selling ISP’s

2020-08-22 Thread Tyson Burris
and selling ISP’s Do folks still buy and sell ISP’s? I was bored and thinking about getting back into climbing ladders. I need the exercise. Best, CJ -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Ken Hohhof
know it yet. They may have not asked for a prorated refund, or the seller may not have offered that. From: AF On Behalf Of Ken Hohhof Sent: Friday, August 21, 2020 9:13 PM To: 'AnimalFarm Microwave Users Group' Subject: Re: [AFMUG] Buying and selling ISP’s It seems like JAB p

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Lewis Bergman
ut redundant >> staff, some of that might have already been done. >> >> >> >> >> >> *From:* AF *On Behalf Of *cjwstudios >> *Sent:* Friday, August 21, 2020 6:30 PM >> *To:* AnimalFarm Microwave Users Group >> *Subject:* Re: [AFMUG] Buyi

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Ken Hohhof
. BS. From: Forrest Christian (List Account) Sent: Friday, August 21, 2020 7:21 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s The last one we looked at purchasing, the owner wanted "much more than 1x revenue". We knew from experienc

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread chuck
) Sent: Friday, August 21, 2020 7:21 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s The last one we looked at purchasing, the owner wanted "much more than 1x revenue". We knew from experience with the gear they were using, and the way that they had

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Forrest Christian (List Account)
I don't have a lot of acquisition experience. It's been many years since we acquired anyone so take the following with a grain of salt. I would argue that the only thing of value in many WISPs are their customers. So you have to start with how much you think those customers are worth once you

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Forrest Christian (List Account)
> staff, some of that might have already been done. >> >> >> >> >> >> *From:* AF *On Behalf Of *cjwstudios >> *Sent:* Friday, August 21, 2020 6:30 PM >> *To:* AnimalFarm Microwave Users Group >> *Subject:* Re: [AFMUG] Buying and selling ISP’

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Chuck McCown
5 x ebidta Revenue multiples are of no value. Sent from my iPhone > On Aug 21, 2020, at 5:30 PM, cjwstudios wrote: > >  > 1x annual revenue and hope the customers stay on > >> On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes >> wrote: >> This is the issue I’ve always had when I’ve looked at buyi

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread cjwstudios
glected. On the other hand, if you planned to cut redundant >> staff, some of that might have already been done. >> >> >> >> >> >> *From:* AF *On Behalf Of *cjwstudios >> *Sent:* Friday, August 21, 2020 6:30 PM >> *To:* AnimalFarm Microwave Users

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Ryan Ray
cjwstudios > *Sent:* Friday, August 21, 2020 6:30 PM > *To:* AnimalFarm Microwave Users Group > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > 1x annual revenue and hope the customers stay on > > > > On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes < > mattli.

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Ken Hohhof
been neglected. On the other hand, if you planned to cut redundant staff, some of that might have already been done. From: AF On Behalf Of cjwstudios Sent: Friday, August 21, 2020 6:30 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Buying and selling ISP’s 1x annual

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread cjwstudios
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 jus

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Matt Hoppes
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 wrote: > > On

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Seth Mattinen
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 canc

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread Lewis Bergman
love/hate you mean On Fri, Aug 21, 2020 at 7:59 AM cjwstudios wrote: > Yes definitely not a flip. My last ISP was a 10 year labor of love. > > On Thu, Aug 20, 2020 at 10:14 PM Steve Jones > wrote: > >> I think you either buy or sell, isp isnt really a flip thing >> >> On Thu, Aug 20, 2020, 8:5

Re: [AFMUG] Buying and selling ISP’s

2020-08-21 Thread cjwstudios
Yes definitely not a flip. My last ISP was a 10 year labor of love. On Thu, Aug 20, 2020 at 10:14 PM Steve Jones wrote: > I think you either buy or sell, isp isnt really a flip thing > > On Thu, Aug 20, 2020, 8:57 PM Chuck McCown wrote: > >> Sure. Rise/digits and whatever else they were calle

Re: [AFMUG] Buying and selling ISP’s

2020-08-20 Thread Steve Jones
I think you either buy or sell, isp isnt really a flip thing On Thu, Aug 20, 2020, 8:57 PM Chuck McCown wrote: > Sure. Rise/digits and whatever else they were called used to be one of > the largest buyers out there. If the price is right anyone is likely to > sell. > > Sent from my iPhone > >

Re: [AFMUG] Buying and selling ISP’s

2020-08-20 Thread Chuck McCown
Sure. Rise/digits and whatever else they were called used to be one of the largest buyers out there. If the price is right anyone is likely to sell. Sent from my iPhone > On Aug 20, 2020, at 7:46 PM, cjwstudios wrote: > >  > Do folks still buy and sell ISP’s? I was bored and thinking about

[AFMUG] Buying and selling ISP’s

2020-08-20 Thread cjwstudios
Do folks still buy and sell ISP’s? I was bored and thinking about getting back into climbing ladders. I need the exercise. Best, CJ -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com