Business Overview:
Well established Profitable Utility Contracting business. This is a great business, with solid customer relationships and long-term contracts to provide underground and aerial utility (power and communications) installation. Business to Business (B2B) customers in desirable Colorado location. The business typically does installs during regular business hours, but, depending upon customer requests, installs/repairs can be done on overtime and premium hourly rates. Customers usually own and manage the inventory, keeping cash requirements down. Great business for individual with utility contracting knowledge or business wanting rapid / inorganic growth in the Colorado market. Note: Cash flow has been adjusted down to reflect reasonable rent of facility.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets=$735,918.
Market Competition and Expansion:
There are a very limited number of competitors that compete in this space. Typically, long-term relationships are developed with the customers. The customers then either select a contractor or bid the job between their selected few, approved, contractors.
The business has experienced significant double digit growth in the last few years. Continued growth is expected, based on the demand for fiber-optic cable and other utility needs.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: