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Underground Const.- Electrical, Communications, Water, Sewer (17698)

ConstructionFor Sale in AZ

Listing ID: Underground Const.- Electrical, Communications, Water, Sewer (17698) | Broker Listing ID: BLP769501

Financial & Assets Details


About the Business

33 nonunion.

Business Description

Professional underground construction company provides comprehensive construction and installation of underground electrical conduit systems, plus maintenance agreements offered to existing clients. From trenching, phone lines, gas sleeves, and water lines, to sewers, storm drains, fire lines and plumbing, their wide array of services allowed Grosses to climb 21% during the pandemic! Historically reaching $7 Million on occasion, seller has opted to keep revenue between $3M - $5M out of personal preference and has ambitious business plans available for interested Buyers. With more requests from regional building contractors than the current workforce can handle, main expansion opportunities include increasing the staff size, developing a website and extending their service radius. Experiencing a rise in sales since 2018 ($3.16 Million), last year saw a rounded $4,800,000 in Revenue; alongside $636,000 in Discretionary Earnings and an EBITDA of $573,185. Presently, over 90% of the work is performed by an in-house team of professionals, allowing for company control over quality and an expense margin decrease of 45%. A 9 month interim report presents improved efficiency and profits up to 8%, with $4.36 Million in Gross Incomes and 1.1 Million in SDE’s as of September 30th, 2022! Owners are available for a reasonable transition period to perform invoicing, estimating, and maintain licensing requirements, as their client base includes a diverse mix of contractors, plus both residential and commercial customers. From the Greater Phoenix area, the prime location includes a substantial shop and warehouse space that sellers prefer to continue leasing, though purchase may be negotiable for the right price. In addition to contracting, this highly scalable company has a powerful potentials for additional income from low-voltage communication projects and internet line construction.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Support & Training

Standard and reasonable Owner Transition period, negotiable.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: Underground Const.- Electrical, Communications, Water, Sewer (17698)

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