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Site Planning And Survey Firm: Niche In Telecom In California South For Sale

California - South, US
Asking Price:
$835,000 Furniture / Fixtures included
Sales Revenue:
$2,271,263
Cash Flow:
$245,419

This company performs site planning and surveying for the telecom industry with clients such as Verizon, AT&T, Sprint, and Cox Communications. Services include Field
Engineering, which includes field walk-out and survey, rightof-way permitting, make-ready engineering, and small cell site surveys, along with Design & Drafting, including new development project design & engineering, small cell design, CAD drafting, traffic control design, photo simulations, and 3D modeling. There are no licenses or certifications needed to own this business. They operate as the subcontractor, so the prime contractor holds any of the necessary licensing for all projects. They have built a tenured team of 21 employees, including 3 Project Managers, 1 Drafting Manager, 1 Quality Control, 2 Project Coordinators, 1 Wind Load Specialist, 1 Lead Field Tech, 2 Field Techs, 3 Traffic Control Designers, 2 Lead Designers, 4 AutoCAD Designers, and 1 Account admin. This does not include the owner, who is active in the business, though he does feel that the current staff has been trained well enough to handle his responsibilities. That said, there is an adjustment in the cash flow to replace or retain the owner if desired. They operate out of a 3,500 sq. ft. office, providing plenty of space for their team. Priced at a $835,000, this opportunity is poised and ready for a new owner to step into this industry with a reputation that has been built over the last 15 years. A 10% down payment of $83,500 returns $125,195 in the first year after debt payments, which is a 149% return on investment!! Growth opportunities lie in directly targeting more clients within the telecom industry and implementing an effective marketing strategy, as they do not currently have a sales team or marketing plan in place.

Business Operation

Expansion Potential:

Target more clients in the Telecomm industry and implement a marketing strategy.

Reasons for selling:

Retirement

Employees:
21
Years established:
2008

Other Information

Support & training:

1 year

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

10% Buyer Down Payment $83,500
10% Seller Financing $83,500
80% Bank Loan $668,000

Furniture / Fixtures value:
$279,359 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.