Looking for a buyer.
Washington Business Brokers is actively seeking a buyer for a division carve out of the wireless connectivity business from a larger company. This opportunity arises as the company refocuses the breadth of their operations. The division team consists of 17 skilled employees who work both in office and remotely###-###-#### YTD sales and a backlog of committed work has the division on track for a nearly 30% revenue increase over 2023. The business benefits from a methodical and clearly defined project process, supported by their tenured team. The buyer will be stepping into a steady operation, with multiple growth avenues already clearly identified. $7,119,###-###-#### revenue $7,790,###-###-#### revenue $6,588,###-###-#### revenue ****For more info, complete an NDA**** https://wabusinessbrokers.com/nda-registration/ The ideal buyer would be someone who is experienced in both management and telecommunications, and who is excited to step into a growth opportunity. The acquisition of this division presents a unique opportunity to revisit past projects, and expand the division through technological advances. In addition, the buyer may become a strategic partner / preferred vendor with the larger company; thus opening doors and tapping existing relationships in the industry Confirmed 2024 work - actual work performed through May 2024 and projects sold indicate 2024 forecasted revenue of $9,090,000; up 27.7% from 2023 revenue High Barriers to Entry - very difficult for other vendors to establish relationships with key decision makers at large accounts and general contractors; even if someone were to gain a foothold - they would be challenged to secure skilled engineering personnel and telecom / connectivity industry relationships, not to mention having to compete against the meticulously developed reputation this group has Methodical Operations Playbook - buyer will be stepping into an operation that has methodically developed a playbook for business development, estimating, design & engineering, service & maintenance, etc. Practices and roles are documented, rigorously adhered to, and reinforced through a safety-first culture and commitment to industry best practices. Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA Reason for sale - company re-focusing on core, built world market opportunity (ex telecom / connectivity) Seller Financing available - provided buyer is financially qualified, seller open to financing some of the transaction and other win-win deal structures To receive confidential marketing materials with much more detail on the opportunity, complete an NDA here: https://wabusinessbrokers.com/nda-registration/

listing type
exclusive representation
industry
Construction
location
King County, WA, USA
revenue
$7,100,000
ebitda
$341,000
SBA eligibility
yes
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