Directional Drilling for Telecom & Utilities

This underground utility contractor specializes in directional
drilling and conduit installation for fiber optic and electrical.
The company is based in Phoenix, Arizona, and primarily
serves the Phoenix metropolitan area and surrounding cities,
with the flexibility to take on projects throughout the state. The
client base consists mainly of major fiber companies including
Verizon and T-Mobile, and prime contractors, with a strong
track record in both residential and commercial settings. The
dedicated team of 14 full-time employees includes a
Superintendent, Field Foreman, Operators, Locaters, Field
Labor and office staff. This business operates from a home
office leading to low overhead! The seller is active in the
business overseeing daily operations, managing client
relationships, and business development. The seller has
offered to carry 10% of the purchase price in addition to a
15% performance earnout as a show of good faith in the
continued success of the business. The seller is seeking a
strategic or growth minded buyer in order to expand the
business and has offered to stay with the business for 2+
years post close.

Priced at $3,525,000 a buyer would need $352,500 of
unborrowed funds to become the new owner of this firm. With
a solid reputation, strong industry relationships, and
significant potential for expansion, this business is well
positioned for continued success under new ownership.
Growth opportunities include expanding into fiber pulling and
splicing, establishing in-house barricade and restoration
divisions, pursuing maintenance contracts, and enhancing
marketing efforts through a new website and social media
presence.