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.