27 Year Old Internet Infrastructure Maintenance Business in CA and NV

Business Description

For sale is a 27-year-old telecommunications company providing aerial and underground telecommunications construction in California and Nevada with opportunities to work in Washington, Arizona, Oregon, Montana, and Idaho.

In November 2023, the company began securing a $50M share of a new $150M contract, which will be completed over the next 2 years. The company generates two-thirds of its revenue from infrastructure expansion, which includes building main lines that connect different regions, and the remaining one-third is from maintenance on existing lines.

As of 2022, the average revenue per customer is $938K.There are 45 full-time employees and 3 sub-contractors.  The new owner could be mostly absentee with the 3-4 managers already in place.

2020 2021 2022 Jan-Sept 2023 2023  Forecast 2024 and 2025 Forecast **
Revenue $6,311,946 $6,675,911 $8,427,250 $8,787,102 $10,000,000 $25,000,000
EBITDA $485,072 $645,524 $1,234,868 $2,498,444 $1,500,000 $3,750,000

**Min amount of work projected under pending contract, excluding existing customer contracts.


Financial Overview

Asking Price: $8,000,000 to $12,000,000

Revenue: $10,000,000 (2023 Forecast)

Income: $1,500,000 (2023 Forecast)

Multiple: 5.3x to 8x

Sign the NDA