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- RE: Utility Construction & Fiber Optic Installation Co
- Contact: Grant Hamel
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $5,977,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,232,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 20 | |
BBN Listing #: | 953230 | |
Broker Reference #: | 5544 |
Business Overview:
The acquisition opportunity is a leading contractor of Underground Utility Construction and Fiber Optic Installation throughout Colorado. Their primary services include Horizontal Directional Drilling, Trenching & Excavating, Fiber Optic Services and Underground Cable Installation. The Company is a leader in their industry and their client portfolio includes cities and local municipalities, state agencies, utility providers and residential builders. Because of their reputation, an asset built over 20 years of operations and thousands of miles of successful projects completed with quality and value, a major percentage of business comes from repeat customers, often without a bid required. The Company has meticulously built a recognizable brand in the region, and they demonstrate their commitment to quality through their company presence. They have created a workplace culture that attracts and entices quality employees. Employees are well paid and provided a comprehensive benefits program and the Company pushes for a quality of life for their employees both inside and outside of work. The Company has great relationships with their suppliers and is considered a preferred customer by many. The Company owns an impressive array of top-of-the-line equipment and vehicles. They employ a full-time Fleet/Yard Manager who operates in the shop or in mobile repair trucks. Their equipment is well maintained, has low mileage and hours and is positioned for scale. The continued population expansion and development in the state are contributing to overall economic growth and the new construction industry is expected to benefit from an increase in residential and commercial projects. Continued growth can be realized in all aspects of the business. The fiber industry continues to expand, and a motivated investor could utilize of number of ways to grow the company.
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Property Features and Assets:
Company operates from a .74 Acre lot with 9,040 sqf. standalone building with access to major thruways. Brand new construction with oversized loading doors, floor drains and radiant heat in the warehouse and outdoor storage. The site is fenced and secure.
Market Competition and Expansion:
Today’s digital society functions through relaying data across vast distances at quick speeds and the only way to meet today’s massive data requirements is utilizing fiber optic cables. This Company has installed thousands of miles of fiber optic cables throughout Colorado for Cities, the State, private companies, and other organizations. Their in-house fiber crews, dedicated fiber optic vans, and state of the art fiber optic testing and splicing equipment makes them the go to provider of Fiber Optic work in the region.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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