Power Pole Maintenance Business for Sale

Not Disclosed, CO
Montrose County

Asking Price: Annual Revenue:
$1,500,000 $1,500,000

Technology: Non-classifiable

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RE: Power Pole Maintenance Business for Sale Broker: Seller of Business
License #: CO License # EA 100082128

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $365,000
Total Debt: Not Disclosed
FF&E: $360,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 8
BBN Listing #: 28553902
Broker Reference #: 2129740

Email or Print Listing

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Business Overview:

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.

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Property Features and Assets:

Location: The Business office operates out of a small local office location. This company can be operated by the owner from any location. For the owner only a small office is necessary. A 4.5 Acre farm property in Nebraska (the midpoint of the service territory) houses bunk house campers, backhoes, plus trucks and trailers which are housed inside enclosed buildings (8,800 square feet). This property is not included, but, available for purchase separately from the sale of the Business. Supplies are shipped to this location and are managed and distributed to job sights by the foreman.

Market Competition and Expansion:

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. 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.

Reason for Selling:

After 30 years in the business the Owner is retiri

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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