Absentee-Telecom Construction Contractor

Lexington, KY
Fayette County

Asking Price: Annual Revenue:
$1,600,000 $2,354,620

Services: Communication, Media, Technology

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RE: Absentee-Telecom Construction Contractor Broker: Jordan Satterwhite
Owner Financing is Available!

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,354,620
Net Profit: Not Disclosed
Cash Flow: $350,337
Total Debt: Not Disclosed
FF&E: $1,202,994
Real Estate: Not Disclosed
Year Established: 2005
Employees: 26
BBN Listing #: 221059482
Broker Reference #: 28647-240834

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Business Overview:

This telecommunications contractor is a turnkey operation that is ready for explosive growth with a new owner. The company specializes in aerial and underground construction of fiber optic cable, CATV, or phone lines. The company can also install underground conduit. The company has over twenty different vehicles and any and all equipment necessary for their significant operations. The full time mechanic maintains the equipment and keeps the fleet moving and equipment running. The one acre lot that the business sits on provides ample room to store the equipment in their secured yard. The garage on site with a lift facilitates the fleet maintenance. The business has over 1.2 million in well maintained equipment and assets. The business has key management in place that is aware that the company is for sale. This opportunity could be operated absentee if desired. There is a clear cut road map to significant future growth.

The business began with a pickup truck, a bucket truck and one employee. The owners committed from the beginning to operate with a high level of integrity. The work that was to be performed would be at a high level and completed to contract/bid specification. The result has been earned contracts with key players and the retention of those customers and contracts. The business has steadily grown over time. The central location of the business has been helpful to the growth of the business. As business has grown the staff and equipment needed has grown as well.

Competitive Overview There are a a handful of telecommunications construction companies in the area. The barriers to entry are significant due to the capital required to launch.

Potential Growth: This industry is on a major growth curve as a result of multiple factors. The increased demand in Kentucky for new housing has contributed to this demand. The demand for wifi has increased significantly due to the increase in people working and learning remotely. The industry was strong in 2019. The industry demand is even stronger in 2020 and the forecast for 2021 does not give any evidence of slowing down. There is significant revenue and profit growth within the existing contracts. There is significant growth available with the acquisition of new contracts and/or customers.

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Property Features and Assets:

The business is situated on a one acre lot. The building is a 5,000 square foot building with adequate office space for owner and management group. The facilities include a garage space with a lift that facilitates maintenance and repair of automotive fleet.

Reason for Selling:

Looking for help with growing business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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