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Lender Prequalified-right Of Way Services Contractor For Sale

US
Asking Price:
$900,000 Furniture / Fixtures included
Sales Revenue:
$2,946,013
Cash Flow:
$415,161

This long-standing profitable business with a storied history has a fully remote workforce and can be operated from any location. The company is a professional land acquisition services company that provides a full range of right-of-way and real property services to the utility industry, including electric, telephony, broadband, water, wastewater, and gas service providers. The business is over 35 years old and was started by three principals who manage the company today.

This is a perfect add-on for an engineering and design firm that specializes in large-scale utility projects.

Property Information

Premises Details:

The company can be operated from anywhere and has a home-based remote workforce.

Business Operation

Expansion Potential:

Electricity, water, and broadband are three certain growth fields, as usage in all three areas expands with the growth of renewable energy systems, population growth, and demand for the Internet. The current trends in broadband expansion, largely funded by the government through grants, and the overwhelming need to update and expand the 100-year-old electric transmission grid and water systems to meet the demands of the future provide the company with growth potential for the rest of the decade and well beyond. With the addition of clients with multi-year large-project timelines, new projects in the pipeline from longer-term clients, and new clients pending, the company is in a position to take advantage of opportunities in established industries that have no choice but to expand.

Competition / Market:

Other companies offer right-of-way services, but the majority of those businesses offer it as a part of a greater service offering. For example, many of these companies offer engineering and other land acquisition services as part of their overall portfolio.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday 8am-5pm

Employees:
30 FT
Years established:
36

Other Information

Financing available:

Lender pre-screened with $90K down.

Furniture / Fixtures value:
$20,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.