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The Firm

Cabling Contractors In Pennsylvania For Sale

Pennsylvania
Asking Price:
$6,450,000 (USD)
Turnover:
$8,167,509 (USD)
Net Profit:
$1,357,541 (USD)

Specialists in laying cable, this Pennsylvania company places fiber optic and communication cabling underground as well as on poles. They utilize many methods including direction drilling and trenching to suite the task at hand. A great deal of storage is required for operations with over $3MM in equipment as well as customer inventory. This company operates in an efficient manner working for large telecommunications companies, municipalities, and individual customers alike. Projects range from $1,000 to $100,000, and this team completes 100-200 small projects weekly. In addition to scheduled work, this team is on-call seven days a week for emergency repairs.

The headquarters is located on five acres and includes a large office with plenty of on-site storage and parking. There are additional properties throughout the area that also house workspaces, a mechanic shop, as well as inventory and storage. These properties are potentially for sale outside the sale of this business.

The team of 75 is a well-oiled machine, with everything from bidding and scheduling to bill pay fine-tuned for optimal workflow. The processes are certainly in place for smooth operations with the owner managing in an oversight capacity, as well as guiding purchasing decisions.

Property information

Real Estate:

Real Property Included

Premises Details:

Headquarters: 1,200 sq. ft.: Reception, private offices, cubes, kitchenette, yard with storage and parking; There are also several other properties that may be for sale outside the sale of the business

Business Operation

Expansion Potential:

Grow team to increase capacity, diversify client base

Reasons for selling:

Retirement

Employees:
75: 9 Office, 3 warehouse, 5 surveyors, 3 managers, 4 mechanics, 51 field
Years established:
1986

Other Information

Support & training:

90 days or as negotiated

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $4,756,000
15% Buyer Down Payment: $713,400
15% Seller Financing: $713,400
70% Bank Loan: $3,329,200

A 15% down payment of $713,400 returns $447,936 in the first year after debt payments!

Furniture / Fixtures value:
$3,551,000 (USD)
Related Documents:

Contact Information

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