How do I find out if a sign shop relies on one installer with a bucket truck?
Ask who actually installs the signs, who owns and drives the bucket truck, and what happens when either is unavailable. Review the install calendar and job invoices to see how many installs trace back to one person, then ask what backup exists.
Begin with the install schedule. Ask for several months of completed install jobs and note who is named on each. If the same name appears on nearly every elevated job, the shop depends on that person, whatever the org chart says. Ask whether the installer is an employee, a contractor, or the owner. An owner who climbs into the bucket personally is a different situation from a salaried crew.
Then look at the truck. Ask who holds the title, whether it is financed, and how old it is. Request inspection and maintenance records and ask what the boom and controls have needed. If the truck sits in the owner’s name rather than the company’s, find out whether it is included in the sale. Ask what the shop does when the truck is in the repair bay: does it hire a rental, or does work stop?
Last, ask about the installer’s plans. Would that person stay after the sale? Is there a trained second operator? Talk to the installer directly if the seller allows it. Ask your lawyer how to document any commitment to stay. Also ask whether customers request the installer by name, since that shows how much of the shop’s reputation rides on that person.
Key takeaways
- Read the install calendar and see how many jobs depend on a single named person.
- Confirm who owns the bucket truck and whether it comes with the sale.
- Ask for a backup operator or a rental plan before relying on the current setup.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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