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Fiber Optics cable Construction Business for Sale in Southern California

California, USA
Updated 9 hours ago
Established 1998

Established over 28 years ago, this Company provides services and expertise to the Telecommunication Industry in Concrete and Asphalt Restoration, Directional Drilling, Cable placement, Conduit Installation, Aerial cable installation, General Engineering, Restoration, Coaxial and Fiber Splicing, and other CATV industry-related assignments. They Offer all facets of fiber design, construction, splicing, and high-level testing in aerial, buried, and underground applications. Their primary location is in California. In the last 7 years, they have added two more locations by way of acquisitions, in Arizona and Puerto Rico. The combined revenue for all 3 locations for 2024 was around $39 million. With an EBITDA of over $7 million. - They have 220 full-time employees. - The business has been growing at the rate of double-digit for the past several years. - The business grew by 31% in 2024 over 2023. - The owner wishes to retire but will stay with the company for a year or two for a smooth transition. - The right buyer would be a larger industry buyer. Each location is stand-alone Corporation. Buyer will have the option to buy 1, 2 or all 3 locations.

Employees

220 Fulltime

Lease Info

Lease Info: Monthly Rent - $20,000 / 2.5 Acres

Listing Id

ZBB2150

Monthly Rent

$20,000 / 2.5 Acres

Training & Support

8 weeks @ 30 hours per week

Owner Hours Per Week

40 hrs

Days & Hours Of Operation

7AM - 4PM

Reason for Selling

Retirement

Financials

Asking Price
$31M
RevenueMost Recent Year
Undisclosed
Earnings (EBITDA)Last Reported
$7M
Assets ValueNot Included in Asking Price
$17M
Seller Financing
Not available

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