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Sunbelt of Western Colorado

Ower Pole Maintenance Business For Sale

Grand Junction, Colorado, US
Asking Price:
$1,500,000 (USD)
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$365,000 (USD)

In total this company is an inspection, treatment, and maintenance company for power poles. Other ancillary services may be performed such as GPS location, line height measurements, and installation of such things as animal shields, and ground rods.

Power companies almost exclusively hire independent contractors to inspect and maintain power poles. Not only are power companies required to maintain the poles, they must record the maintenance schedules, which are predetermined. These factors make power pole maintenance a guaranteed and recession proof business.

This company is built around quality, reputation, credibility and fair pricing. This acumen has led to long standing contracts acquired through word of mouth. Currently a 5 state area is covered including Colorado, Missouri, Nebraska, South Dakota, and Iowa.

This is the only company that has the ability to reach remote power poles by using a specialized piece of equipment that was designed by the current owner. This specialty piece of equipment could lead to a smooth transition into a secondary business.

The Business employs 6-8 long-term key employees. This company operates with small crews who work as a team to service power poles. However, a full compliment of staff (with crew hands included) can average 15 to 24 total employees.

The owner bids on projects, orders supplies, manages PR, and oversees equipment maintenance and repair. The foreman oversees the crews, supply distribution, and operations.

Property Information

Premises Details:

N/A

Size in square feet:
8800 sq ft

Business Operation

Expansion Potential:

This company currently services Nebraska, South Dakota, Iowa, Colorado, and Missouri. Expansion is as possible as a new owners vision for growth into additional states. Markets are focused on rural electric associations over municipalities. Potential for growth is endless into municipalities plus further expansion into rural markets. In essence growth is unlimited.

Competition / Market:

The market for power pole inspections is wide open. This company has built a reputation around quality, credibility, and fair pricing. All of this has led to long standing contracts. Further, large competitors cannot compete on price or quality of service.

Reasons for selling:

After 30 years in the business the Owner is retiring. "The industry has been very good to me and has supported my lifestyle very well. It is a very secure and profitable business."

Employees:
Full Time: 8
Years established:
24

Other Information

Support & training:

After 30 years in the business the Owner is retiring. "The industry has been very good to me and has supported my lifestyle very well. It is a very secure and profitable business."

Contact Sunbelt of Western Colorado

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