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left76200 Phone: 402.998.5288Confidential@ID#: TRA025FOR SALE: Underground, Aerial & Fiber Optics Installation and Maintenance With $1.7M Assets75% of Revenue from underground maintenance work with recurring clients!Financial OverviewList Price:$1,490,000Gross Sales 201720182019$1,604,600$2,168,786$2,776,636Cash Flow201720182019$291,991$402,663$439,956Profit Margin: 16%Multiple: 3.4Valuation: 2019 Cash Flow x Multiple = Valuation $439,956 x 3.4 = $1,495,850Funding ExamplePurchase Price:$1,490,00010% Buyer Down Payment$149,00010% Seller Financing or Equity Roll$149,00080% Bank Loan$1,192,000A 10% down payment of $149,000 returns $247,819 in the first year after debt payments!DescriptionThis company with 75% of revenue coming from underground maintenance work has an operations manager and a supervisor in place to run daily operations, so owner is only responsible for general oversight! The other 18 on the team are comprised of foremen, operators, laborers, 1 contracted Office Manager, and subcontractors as needed. Majority of their business is from two big telecommunications companies who send all their maintenance and new build work to them. With 20+ years in business, this company has gained recognition in the field, and there is no shortage of work.With over $1.75M in assets, this telecommunications maintenance and installation company has been serving Wisconsin and Minnesota for over 20 years. Assets consist of over $735,000 in construction tools, test equipment, fusion splicers (4 of which are new), and drills; over $745,000 in vehicles and trailers is made up of a semi-trailer, dump trucks, pickup trucks, flatbed trucks, bucket trucks, plows, excavators, trenchers, and bobcats. With services in telecommunications installation, maintenance, and repair as well as fiber optic maintenance, a solid recurring client base is already in place. This company’s clients are 100% commercial and include telecommunication and mass media companies, cable television companies and gigabit and fiber optic service providers.The business has 3 locations with the main warehouse/office based out of Wisconsin in a 6,000 sq. ft. building on 1.2 acres. The second 6,000 sq. ft. shop is located in Minnesota on 5 acres of land – half of this space is heated, half is cold storage, all used for material and equipment storage for upcoming jobs. The owner owns the first two buildings and the third building is rented at $1000/ month and services 50 cities around the La Crosse area. Currently, the company’s revenue is approximately 75% maintenance and 25% new builds. After delayed projects are up and running, this business will see a substantial growth in revenue due to the inevitable increase in installation services.installation services.Assets Included in Purchase*: $1,764,019Equipment: $737,575 worth of construction tools, test equipment, fusion splicers, drills, etc.Vehicles: $746,285: 28 vehicles: semi-trailer, dump trucks, pickup trucks, flatbed trucks, bucket trucks + 2 drop plows, 2 underground excavators, 2 860 plows, 3 660 plows, 1 425 dozer/plow, trenchers, bobcats, etc.A/R: $267,303 Intangible Assets: Strong recurring client base*amounts may vary, assets may be depreciated, replacement cost, or fair market valueBusiness InformationYear Established: 1999Location: Wisconsin & MinnesotaService Area: Throughout WI. and Eastern MN.Services: Underground, Aerial, and Fiber Optics Installations (25%) and maintenance & repairs (75%)Clients: 100% commercial: telecommunication and mass media companies, cable television companies, and gigabit and fiber optic service providersBuilding: 6,000 sq. ft. shop/office on 1.2 acres in WI, 6,000 sq. ft. shop on 5 acres in MN and warehouse in Lac Crosse with $1000/month rent. Reason for Selling: Retirement Planning after 31 years Personnel: 20; 1 Operations Manager (manages Eastern WI), 1 Supervisor (manages Western WI and MN) + 18 employees (foremen, operators, laborers) & 1 contract office manager; subcontractors as neededSeller Training Period: 6-12 monthsGrowth Opportunities: Increase installation workCurrent Owner’s Responsibilities: General Oversight - CONFIDENTIAL - Last Revised NT 12.09.20The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC.The Firm does not sell real estate. The Firm solely advises on exit strategy. ................
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