Established Telecommunications Company Located in MO

Asking Price: $7,999,999 ($4,000,000 in assets coming with the business) Land can also be included for an additional $8,000,000 (10 acres)

Annual Figures: 2024
Gross Sales: $2,819,400
Adjusted Net Profit: $1,133,414

Expenses: 2024
COGS: $2,097,142

Highlights:
- Telecom business
- Been in business for 15 years
- Located in Missouri mostly but has several locations around the US
- Underground fiber optic and copper installation and maintenance
- All commercial work
- 2 major vendors (has worked for one for 10 years and one for 8 years). Works as a sub for 6 other companies
- In 2024 one client made up 60-70% of the revenue. Another client made up about 10% and the rest was miscellaneous companies. 2025 revenue breakdown will be similar. Very common in telecommunications businesses.
- Just renewed a 3 year contract with one client. Another client has 2 more years left then another renewal
- 4 million in assets coming with the business
- No W-2's, all 1099's
- Supplies all equipment and trailers to the subs
- Will provide employee breakdown upon request
- There are some family members in the business that will stay
- Already has management in place
- Business could use a sales team. Sales team could go after power plants
- The project they are working on now is rural fiber in the midwest
- One project coming up that they will bill $30,000 - $50,000 a week for the next 5 years
- Seller will lease back property at $10,000 a month or property can be included for $8,000,000
- Very little debt with the company
- No licenses needed to run the business
- No litigation going on
- Seller is open to holding a note depending on the rest of the deal
- Seller will stay on stay for 60-90 days or longer if a pay structure is worked out
- Reason for the sale: Owner is in his 60's and is retiring

Revenue:
2021 - 5 mil
2022 - 7.8 mil
2023 - 5.5 mil
2024 - 2.8 mil
2025 - tracking for 2.8 mil
2026 - Should start ramping back up (Telecommunications is cyclic)

From Tax Return:
2024 - Gross: $2,819,400

Addbacks:
Depreciation: $6,931
Interest: $67,305
Sec 179 Depreciation: $111,150
Donations: $24,450
Members Draw: $552,689
Health Insurance: $9,150
Personal Taxes: $249,607
Net Operating Income: $112,132

Adjusted net income for 2024: $1,133,414



From Tax Return:
2023 - Gross: $5,211,742

Addbacks:
Depreciation: $17,523
Interest: $30,149
Sec 179 Depreciation: $1,152,925
Donations: $49,046
Members Draw: $742,900
Health Insurance: $40,132
Personal Taxes: $56,432
Net Operating Income: $716,041

Adjusted net income for 2023: $2,805,148


From Tax Return:
2022 - Gross: $7,888,229

Addbacks:
Depreciation: $71,555
Interest: $7,182
Sec 179 Depreciation: $1,080,000
Donations: $29,000
Members Draw: $362,792
Health Insurance: $40,285
Personal Taxes: $92,455
SEP Contribution: $46,455
Net Operating Income: $417,912

Adjusted net income for 2022: $2,147,636