17608 - Unique Utility Contracting Opportunity in AZ
Price: $1,800,000
Revenue: $1,448,019
Adjusted Cash Flow: $534,716
Location: Central AZ
Revenue: $1,448,019
Adjusted Cash Flow: $534,716
Location: Central AZ
Listing provides electrical utility comprehensive construction services to major enterprises, including the Arizona Public Service. Their operations include conduit system installation, brush removal, underground wiring, site/lot preparation, trenching and water transport as well as general maintenance. Inside a prime location surrounded by ample parking space, headquarters is a 5,000 square foot facility with shops and office room in excellent conditions, capable of handling extra capacity as propertyâs lease is triennially renewed and transferable with acquisition. Companyâs skilled personnel of nine nonunion employees with experience in the industry will also remain post-purchase, while the owner agrees to a smooth transition for twelve months under the current managerial role. Marketing efforts focus on keeping customer relations and positive reviews within their expanding client base, which works as an effective referral source that attracts new possible contracts reaching various ranges in the state. Thanks to its reputation since its inception in 1988, significant growth opportunities exist as companyâs repeating business has proven to create recurring returns from minimal capital investments. Thriving with high profits, 2019 saw total revenues of $1,448,019, along with Sellerâs Discretionary Earnings of $534,716 and is projecting to outpace gross sales in 2020 financials. Based on an independent evaluation!
