Company excels in drilling for utilities.
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Asking Price
$11,500,000
Detailed Information
Business Description
With over 37 years of experience, this company specializes in supporting local utility companies by drilling and setting utility poles, conduit piping, and fiber optic cable. Recognized as an industry leader with no direct competition, the firm has established a strong reputation for providing timely and efficient project completions, securing preferred status for new job opportunities. The company's expertise, well-equipped staff, and significant inventory of equipment act as major barriers to entry, allowing them to maintain a virtual monopoly in securing new projects. The firm has demonstrated consistent growth with margins and revenue increasing by 60% over the past two years. Positioned as a legacy turnkey solution, the company offers various strategies for expansion, such as geographic growth, service diversification, and investment in human resources. Boasting a fully equipped facility and yard for storing a wide range of assets, including excavators and trucks, along with a dedicated team and supportive owners willing to assist with transition, this offering presents a compelling opportunity for prospective investors. In summary,