Hot Listing
Data, Voice & Cable Installation Company
Business Description
Well-established, highly profitable cable, voice and data installation and service company with long-standing contracts with major cable providers for 30+ years. The company provides outsourced installation services throughout the Metro NYC region with expansion opportunities in the Midwest and Southwest markets. The business is positioned for the next phase of growth as cable providers continue to seek a reduction in W-2 employees by increasing their outsource model.
Highlights
Annual Revenues of $18+MM; Seller’s Discretionary Earnings of $2.2+MM
Multiple Metro NYC locations with a Fleet of 163 vehicles
Established management organization; Owner’s willing to stay
Turnkey operation with established systems, experienced well-trained staff, and long-term contractual relationships
Strong growth potential: new service regions, expansion of services.
Ideal for strategic buyers seeking a foundational platform company
With its strong foundation, this business is primed for continued growth under the guidance of new ownership/operator. Don’t miss this turn-key opportunity for a profitable, well-established, highly regarded cable, voice and data installation firm located in the Metro NYC region.
Highlights
Annual Revenues of $18+MM; Seller’s Discretionary Earnings of $2.2+MM
Multiple Metro NYC locations with a Fleet of 163 vehicles
Established management organization; Owner’s willing to stay
Turnkey operation with established systems, experienced well-trained staff, and long-term contractual relationships
Strong growth potential: new service regions, expansion of services.
Ideal for strategic buyers seeking a foundational platform company
With its strong foundation, this business is primed for continued growth under the guidance of new ownership/operator. Don’t miss this turn-key opportunity for a profitable, well-established, highly regarded cable, voice and data installation firm located in the Metro NYC region.
About the Business
- Years in Operation
- 30
- Currently Relocatable
- Yes
- Facilities & Assets
- The Corporate headquarters are located on Long Island, NY in a commercial office space (8,000 sq. ft.) with fenced-in dedicated outside parking/storage. The owners are actively pursuing a new commercial lease to support the HQ relocation by the end of 2025 due to the landlord’s redevelopment plans. Several key considerations in selecting a new headquarters are proximity to current operations, sufficient parking for 40+ service technician vehicles, pricing/build-out allowance, and 2–3-year lease term with renewal option(s).
- Market Outlook / Competition
- The business does not actively engage in marketing and/or advertising due to minimal slack availability of their qualified technicians. Growth opportunities do exist with their current clients to provide services in additional States and/or Regions; however, new investment is required for new remote facilities, additional service vehicles, hiring of qualified service technicians, and management oversight.
- Opportunities for Growth
- Current ownership has grown the business by exceeding Communication Company contract metrics through strong service. Opportunities for new ownership include expanding service areas, adding counties and states, entering new Midwest and Southern markets, expanding offerings in existing contracts, adding Construction and Underground Services, pursuing new contracts, acquiring smaller firms, and enhancing Smart Home and IoT services.
About the Sale
- Seller Motivation
- Owners seek a sale to support future growth and achieve better work-life balance
- Transition Support
- 4 weeks $0 cost.
Listing Info
- ID
- 2439719
- Listing Views
- 189
Listing ID: 2439719 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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