Site Planning and Survey Firm: Niche in Telecom with 22 on Staff
Asking Price: | $835,000 |
Gross Revenue: | $2,271,263 |
Established Year: | 2008 |
Cash Flow: | $245,419 |
FF&E: | $279,359 |
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.