Telecommunications Consulting: Site Acquisition

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$2,990,000 $6,551,072

Services: Communication, Media, Technology

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RE: Telecommunications Consulting: Site Acquisition Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,990,000 15% Buyer Down Payment: $448,500 15% Seller Financing: $448,500 70% Bank Loan: $2,093,000 A 15% down payment of $448,500 returns $224,116 in the first year after debt payments!

Quick Facts

Asking Price: $2,990,000
Annual Revenue: $6,551,072
Net Profit: Not Disclosed
Cash Flow: $654,513
Total Debt: Not Disclosed
FF&E: $43,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 26
BBN Listing #: 318534398
Broker Reference #: PRO068

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Business Overview:

Specializing in cell tower site acquisition, this niche business manages expansion and upgrade projects for many major telecom carriers in the United States. This team takes on projects throughout the Midwest (60%), Southeast, Northeast, the South, and Mountain regions. Services range from assisting in site location, negotiations, and leases, to zoning, permits, and project management. The team brings a unique perspective to site selection, assisting clients in providing better services through well-placed towers for greater reliability for the end user. Comprehensive services encompass in-field consulting, municipal zoning law/land use services, project management of related services and can include site selection, lease negotiations, zoning hearings, building permits, notices to proceed to construction, all making expansion and upgrading easy and seamless for the carrier. The three owners manage the day-to-day operations including oversight of financials, operations, and sales.

The headquarters is comprised of two offices, one office condo, which is owned, and one leased office suite. Two remote locations allow for greater connectivity to local operations. No specialized equipment is necessary as all architectural design, and environmental or regulatory consulting are subcontracted to local vendors. The owners are supported by one director who guides fourteen project managers and eleven administrative and support staff.

With technical innovation and advancements to hardware always evolving, growth comes from territory expansion or the upgrading of towers. Additional growth may be found in expanding the operational territories to include a greater number of states within the regions already engaged or to expand into new regions in the United States.

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Property Features and Assets:

Own one office condo (2,500 square feet), lease another office suite (2,500 square feet): Private offices, reception, conference room

Market Competition and Expansion:

Expand service area and satellite locations, continue to build positive connections with telecom companies

Reason for Selling:

Exit strategy

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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