Telecom Tower Business for Sale in Pune
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About Business
This telecom mobile tower business was established in the year 2012 in Pune. Their key business is rental of mobile telecom towers. It deals with all telecom giants like Vodafone, Idea cellular, Tata Tele Services etc. It is a private limited company with 2 shareholders. The tower buildings are leased with a lease term of 5 years and lock in period of under 10 years. The tenure for each site and the lease is extendable.
There are a total of 100 towers with tenancy ratio of 1.7%, each tower's asking price is INR 25 lacs. The net worth of the company is INR 115 lacs. The revenue till 31st dec, 2015 is INR 3.87 Cr + no debt / loans / legal cases ++ PAT positive from first year. ROI within 24 months against 60 months revenue lock in period. There is a huge business expansion potential for the new acquirer. Low competition makes the business even more attractive.
The asking price for this business will be disclosed to serious buyers only.
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Reason
To take up other business
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₹10 to ₹200 Cr
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