Interconnected VOIP Provider

Saint Johns County, FL

Interconnected VOIP Provider
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Asking Price: Get Financing: $5,300,000

Cash Flow: $919,843

Gross Revenue: $2,816,771

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Interconnected VOIP Provider

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Business Description

This company delivers Cloud VOIP services to the domestic United States small to medium sized business market on a monthly subscription basis.

Detailed Information

Facilities:
This company was founded in 2013 by a group of investors interested in the hosted VOIP industry. Since inception, they have grown to over $3M in annual revenue. The ownership is made up of four individuals, three of which are absent and nearing retirement. The fourth runs day-to-day operations and is interested in continuing involvement and partial ownership if appropriate.
Competition:
Customers are acquired through multiple sales channels, including 3rd party sales agents and over 200 Authorized Partner companies across the nation. There are currently well over 500 cloud customers with VOIP sales increasing 80% in 2017. This company focuses on easier integration, cloud services, company-wide applications and flexibility making it well poised to capture future customers.
Growth & Expansion:
The Unified Communications & Collaboration market size is set to exceed $57 Billion by 2024. North America will dominate the UCC market primarily due to the availability of a robust telecom and cloud infrastructure in the region. Growth is attributed to the growing penetration of mobile devices and increasing adoption of BYOD trends across enterprises on a global scale.
Support & Training:
4 weeks
Reason for Selling:
retiring
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Aaron Brownlee

Business Listed By:
Aaron Brownlee

Transworld Business Advisors of Edmond

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