Dale Murray

New River, AZ (USA)
Role(s):
Founder/Owner/Principal

Progressive Wireless, LLC

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Location: Scottsdale
Industry: Telecommunications
Year Founded: 2015
Number Employees: 10-50 people
Business Stage: Growth (profitable)
Entity Type: Limited Liability Company
Description: Progressive Wireless, LLC is an authorized Cricket Wireless Dealer with approval for 100 new stores. We currently have 13 stores open and 21 more in process. We have over $1,700,000 in company revenue and so far most of our stores are producing operating profit after the first month of operation. We are raising $5,000,000 total in equity capital to fund our growth. So far we have nearly $2,500,000 in capital raised from all sources. Investors are projected to receive 47% annual cash distributions over the first five years with a guaranteed distribution in the first year. Investors should also enjoy high capital gains appreciation with an overall projected ROI of 5X in five years. Cricket Wireless is the market leader in prepaid wireless plans. They've been in business for 17 years and have over 4,000 wireless stores nationwide. In 2014 AT&T purchased Cricket Wireless for $1.2 Billion which now utilizes AT&T's nationwide network. AT&T now spends about $40 Million per month in Cricket advertising and is anxious to expand to 5,500 Cricket stores nationwide. Cricket is the optimal solution for most customers because they provide the best phones, premium network, no credit check, no contract and great prices with no hidden fees. Money Magazine listed Cricket as having the best cell phone plans for 2016! Our management team has over 40 years experience owning and operating wireless stores and was recruited by Cricket because of their impressive operating history with other wireless carriers. Our team has consistently operated some of the top performing wireless dealers in the nation. This is a rare opportunity to invest in a proven business model that operates in the hot market segment of a large stable industry. Coupled with an experienced, proven management team and exceptional projected cash distributions and equity growth makes this an outstanding investment opportunity. For a copy of our offering documents and business plan please call: Steve Miller Board Member - Progressive Wireless, LLC (Phone # removed)(URL removed)