Corporate
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Murphy Business &
Financial Corporation
513 N. Belcher Road
Clearwater, FL 33765
888-561-3243
Fax: 727-725-8090
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Listing Details - Cell-Site Construction and Maintenance Company

Listing#: 5914      SIC:       Business Type: Construction, Telecommunications
 
Default Image
 Status Inactive
Listed Price $6,585,000
Down Payment $3,000,000
Owners Cash Flow $1,541,556
Total Sales $8,163,150
 
   
   
 
  Contact Information
   
  Office: 727-725-7090
  Email: Send Email To Agent
   
   
   
   
Business Description
Prospective Company operates primarily in Texas but works in Oklahoma, Arkansas, and Louisiana. Primary line of business is to construct, erect, install/service all equipment, and maintain cell towers. Business was down, as most were in 2009. The conversion from 3G to 4G technology just starting and increased data transfer requirements continuing, the future looks promising. There is a strong management team in place that is willing to stay on, maintain some ownership and continue to grow the company. There are currently three Shareholders of which only one is moving towards retirement. Sellers are realistic in their expectations and are open to holding a note for a portion of this transaction.
 
Assets/Liabilities
Accounts Receivable $1,136,611 Incl. Yes Real Estate Incl.
Inventory Incl. Liabilities Incl.
FF&E $460,588 Incl. Yes Other: Other $448,673 Incl. Yes
Leasehold Incl. Total Assets $2,045,872
   
Lender Prequalified: Yes  
   
Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable
Loan/Seller
Other $1,750,000
 

Competitors: Has a limited number of competitors such as Baran Telecommunications, Wiretel, South Texas Cellular(now owned by Clear Shot PEG in Austin), and several other small companies.

The company is ideally poised for growth by adding additional crews. There are additional bids & available jobs; that do not meet the company’s specs. (i.e. slow pays, ect.), that the company bids high on.
Besides “new” tower construction in 2010, most of the larger carriers will begin to expand from 3G to 4G in 2010.Seller stated: To keep up with market demands, management anticipates that current telecommunications providers will continue to upgrade and enlarge their telecommunications systems and services.