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Sonev Telecommunications Utility Contracting Company $8.5m For Sale

las vegas, Nevada
Asking Price:
$8,500,000 (USD)
Sales Revenue:
$8,000,000 (USD)
Cash Flow:
$500K - $2.5M (USD)

Southern Nevada Telecommunications Utility Contracting Company Available for $8.5m or Fair & Reasonable Offer Price

This company has been in business for several years now, and currently employs a staff of approximately 45 people including five office support staff. The company has been doing approximately $8M in annual gross sales with EBITDA running around 10% of its annual gross income. Its Income has grown consistently over the last 3 years, and the company is projecting continued growth going forward with anticipated 2019 gross sales to be around $10M. The company projects a significant increase in income going forward due to increased demand for additional necessary services from its current customers. The company possesses both a Nevada State A General Engineering construction license and a C-2 Electrical Construction license.

The current owner has stated that the existing machinery and equipment used in its day-to-day operations is in very good condition and estimates that its approximate replacement value is around $2M. The owner is willing to share its past and present financial performance information with a sincere and able buyer. The owner is committed to making a fair and reasonable sale with the right qualified party, and is also willing to stay on for a specified period of time to assure a smooth and seamless transfer to its current customers. Should you or anyone you know have any interest in this long time, profitable, well established Nevada based telecommunications utility contracting company then contact me back most anytime for additional information.

Tom Lee of TPG LvNv Ph. Adverse #29547

Property information

Real Estate:

Lease

Location:

Las Vegas Nevada

Business Operation

Expansion Potential:

Yes

Reasons for selling:

Retiring from the Industry

Employees:
45
Years established:
25

Other Information

Support & training:

Yes

Contact Information

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