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Directional Drilling for Telecom & Utilities

Underground Utility Contractor Serving Fiber and Infrastructure Needs!

CASH FLOW
$892,823

Specifications

  • Revenue
    $2,954,049

  • Cash Flow
    $892,823

  • Equipment
    $663,080

  • Industry
    Maintenance/Service/Trades

  • Location
    Phoenix AZ

  • Service Area
    200-mile radius service area of Phoenix

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 $3,525,000 a buyer would need $352,500 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.

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.