Cable Installation & Maintenance Business includes Real Estate for sale

Price: $1,750,000

Annual Revenue: $2,162,330

Net Cash Flow: $387,487

Industry: Construction

Location: Capitol Region, NY

Since 1999, this business has been contracted to install, repair and maintain all aspects of aerial and underground cable networks for many major cable companies. Services include setting telephone poles, splicing fiber and coax, performing cable replacement and line extensions, aerial and underground cable construction, joint trench construction in new subdivisions, 24 hour on call service and storm damage repair. Their service area includes a 100 mile radius from their upstate NY location. The revenue is shared 50-50 between aerial and underground work. All project materials are supplied and delivered to them by their customers. The only materials they supply are telephone poles, which they have a large supply that is included with the business. The staff of 30 includes 6 aerial and 2 underground crews with experience in all areas of construction and installation. Employees are certified in enclosed space training and all flaggers are certified as well.

Listing Details

(Included in Price)

(Included in Price)

(Included in Price)

Reason For Sale:

retirement

Training & Support:

The seller will to help the buyer ensure a successful transition.

Operation

Year Established: 1999

Owner Hours Per Week: 40

Employees: 30

Managers: 4

Location

Facilities Information:

The property is 5 acres and includes an office building and a garage. The facility is completely fenced in and has 3 entrances through the gate. The office building is about 1,500 sq. ft. and includes 4 offices, a bathroom, a stockroom and full basement. The garage is about 900 sq.ft. The facility has a web based security system with cameras. Taxes on the property are $8K/year. Included with the business: (3) T-40 and (2) AP-45 aerial trucks, (2) pole set trucks, a rodder truck, (3) single axle dump trucks, (2) directional drill machines, 1 trencher, several reel trailers and flat-bed trailers and other small equipment.