Underground Utility Contractor Serving Fiber Needs

Business Overview:

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 $2,950,000 a buyer would need $295,000 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 wellpositioned 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.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Assets Included in Purchase: $1,094,787

Market Competition and Expansion:

Growth Opportunities: Expanding fiber splicing services, adding traffic control and concrete/asphalt restoration services, and implement a marketing strategy

Reason for Selling:

Seeking strategic or growth minded partner to help the business grow. Kindly ask the seller for more information.

Additional Details:

Documents:

Relevant Links:

• View more Arizona businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker