Hot Listing
Underground Utility Contractor Serving Fiber and Infrastructure Needs
Business Description
Contracts & relationships with Verizon and T-Mobile!
This underground utility contractor specializes in directional
drilling and conduit installation for fiber optic and electrical.
The company is based in Phoenix, Arizona, and primarily
serves the Phoenix metropolitan area and surrounding cities,
with the flexibility to take on projects throughout the state. The
client base consists mainly of major fiber companies including
Verizon and T-Mobile, and prime contractors, with a strong
track record in both residential and commercial settings. The
dedicated team of 14 full-time employees includes a
Superintendent, Field Foreman, Operators, Locaters, Field
Labor and office staff. This business operates from a home
office leading to low overhead! The seller is active in the
business overseeing daily operations, managing client
relationships, and business development. The seller has
offered to carry 10% of the purchase price in addition to a
15% performance earnout as a show of good faith in the
continued success of the business. The seller is seeking a
strategic or growth minded buyer in order to expand the
business and has offered to stay with the business for 2+
years post close.
Priced at $2,950,000 a buyer would need $295,000 of
unborrowed funds to become the new owner of this firm. With
a solid reputation, strong industry relationships, and
significant potential for expansion, this business is well
positioned for continued success under new ownership.
Growth opportunities include expanding into fiber pulling and
splicing, establishing in-house barricade and restoration
divisions, pursuing maintenance contracts, and enhancing
marketing efforts through a new website and social media
presence.
drilling and conduit installation for fiber optic and electrical.
The company is based in Phoenix, Arizona, and primarily
serves the Phoenix metropolitan area and surrounding cities,
with the flexibility to take on projects throughout the state. The
client base consists mainly of major fiber companies including
Verizon and T-Mobile, and prime contractors, with a strong
track record in both residential and commercial settings. The
dedicated team of 14 full-time employees includes a
Superintendent, Field Foreman, Operators, Locaters, Field
Labor and office staff. This business operates from a home
office leading to low overhead! The seller is active in the
business overseeing daily operations, managing client
relationships, and business development. The seller has
offered to carry 10% of the purchase price in addition to a
15% performance earnout as a show of good faith in the
continued success of the business. The seller is seeking a
strategic or growth minded buyer in order to expand the
business and has offered to stay with the business for 2+
years post close.
Priced at $2,950,000 a buyer would need $295,000 of
unborrowed funds to become the new owner of this firm. With
a solid reputation, strong industry relationships, and
significant potential for expansion, this business is well
positioned for continued success under new ownership.
Growth opportunities include expanding into fiber pulling and
splicing, establishing in-house barricade and restoration
divisions, pursuing maintenance contracts, and enhancing
marketing efforts through a new website and social media
presence.
About the Business
- Number of Employees
- 14
- Currently Home Based
- Yes
- Facilities & Assets
- Assets Included in Purchase: $1,094,787
- Opportunities for Growth
- Growth Opportunities: Expanding fiber splicing services,
adding traffic control and concrete/asphalt restoration
services, and implement a marketing strategy
About the Sale
- Seller Motivation
- Seeking strategic or growth minded partner to help the business grow
- Transition Support
- 2+ years
- Financing Options
- 10% Seller Financing $295,000 15% Performance Based Earnout $442,500
Listing Info
- ID
- 2404941
- Listing Views
- 723
Attached DocumentsAttachment Disclaimer
Listing ID: 2404941 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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