This company provides water to Baxter Colorado, a small community just East of Pueblo with approximately 166 homes and 6 businesses. The company has the right to 80 acre feet of water, and by augmentation may purchase another 40 acre feet. The business is controlled by the Public Utilities Commission and the prices to the customers are regulated by the PUC.
The water company has been in place for 50+ years. The present owner purchased the business in 2001. Previous owner had replaced approximately 2000 ft of main lines and valves. The pump house has been updated with new chlorinators and controls. The pumps are approximately 2 years old but very well maintained and alternated periodically for maintenance purposes.
About the Business
- Year Established:
- Number of Employees:
Installation of meters would significantly reduce the household consumption and therefore reduce the costs of augmentation, thus increasing the net profit of the business. Water is a resource that will always be in demand. This small community has been serviced by this company for some 50 years and the need for water will always be present. The costs associated with individual homeowners obtaining alternate sources of water would be cost prohibitive.
About the Sale
- Reason For Selling:
Owner has several business enterprises
Negotiable as required by purchaser
2008 Gross Revenues
- Cash Flow Comments:
- Seller Financing:
Local bank or possibly through some owner financing
construction, specialty, distribution, commercial
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