About the business:
This is a telecommunication services business which has been operating under the same owner for over 12 years. The business is an excellent opportunity for, a similar style business to bolt on to their existing operation and recognize immediate growth.
The business has capabilities in underground and aerial cable installation, telecommunication pit and pipe network construction, fibre optic and data cable installation, satellite TV installation, multi-dwelling unit cabling design and installation, asbestos pit removal, concrete reinstatement works and all aspects of residential and commercial NBN customer service activations.
The business has been actively involved with the national NBN rollout and is now transitioning into the next phases of national technology upgrades. They current hold contracts with NBN Tier-1 delivery partners, that are at the start of a 4-year period with option to extend (2+2). The owner additionally has just signed a new contract Ventia to participate with the newly started “Fibre Overbuild” project and has contracts to work with the 5G small cell network rollout.
Over 20 fully equipped vans, two elevated work platforms, a 1.7 Tonne excavator, a vacuum excavator for non-destructive digging and 2 car license tipper trucks will all come with the sale of the business, along with multiple items of smaller plant equipment.
What’s great about this business:
• Business is being offered for sale at $895,000.
• Existing contracts for NBN, fibre overbuild and 5G network.
• Excellent opportunity as a bolt on business.
• Over 20 qualified, experienced and NBN accredited employees.
• Scalable structure.
• Company is approved by the Immigration department as a Standard Business Sponsor.
• The business has a Class B asbestos removal license.
• Virtually no stock required to operate the business.
• Excellent potential for greater growth.
• Systems and procedures in place.
• Long established with successful trading history.
• Loads of experience to be passed on to the new owner/investor.
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Finn Business Sales