Underground Const.- Electrical, Communications, Water, Sewer (17698)

, Arizona 4 views 0 favorites

Financial Highlights
Asking Price
$2,500,000
Revenue
$4,795,000
Business Description

Professional underground construction company provides comprehensive construction and installation of underground electrical conduit systems, as well as maintenance agreements offered to existing clients. From trenching, phone lines, gas sleeves, and water lines, to sewers, storm drains, fire lines and plumbing, their wide array of services allowed Grosses to climb 21% in 2020! Though historically reaching $7 Million on occasion, seller has opted to keep revenue between $3M - $5M out of personal preference and has ambitious business plans available for interested acquirers. With more requests from regional building contractors than the current workforce can handle, main expansion opportunities include increasing the staff size, developing a website and extending their service radius. Experiencing a spike in sales since 2018 with $3.1 Million, last year saw a rounded $4,800,000 in Revenue; alongside $636,000 in Discretionary Earnings and an EBITDA of $573,185. Presently, over 90% of the work is performed by an in-house team of professionals, which allows for the company to control quality & costs, increase profits, and improve efficiency. Owners are available for a reasonable transition period to perform invoicing, estimating, and maintain licensing requirements, as their client base includes a diverse mix of contractors, plus both residential and commercial customers. From the Greater Phoenix area, the prime location includes a substantial shop and warehouse space that sellers prefer to continue leasing, though purchase may be negotiable for the right price. In addition to contracting, this highly scalable company has a powerful potentials for additional income from low-voltage communication projects and internet line construction. Location: Arizona Year Established: 1995 Number of Employees: 33 nonunion. Relocatable: Yes Facilities: Business measuring 20,000+/- square feet is Leased and can be fully Relocated!

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 3 weeks ago

Views: 4

Favorites: 0