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Engineering & Land Surveying Business For Sale
Location: United States -> Indiana
Industry: Business Services > Construction




Business Summary

Founded in 1976, this well-established Company is a professional land surveying and civil engineering firm located in Northwestern Indiana. The Company serves private, professional, and public sector clients in northern Indiana, completing thousands of surveys and design projects, offering the unique combination of both land surveying and civil engineering services, and working with clients from the very early stages of a development, including surveys and conceptual planning to the final engineering design, construction layout, and inspections.

Investment Highlights:
Reputation – The Company has been in business for nearly 40 years and has a solid local reputation for reliability and good work. Employees go out of their way to be flexible for their regular clients while still maintaining a high standard of quality and completing work on time. This is reflected in the positive relationships the employees have built with local contractors, developers, and businesses.
Strong Work Team – The employees of the Company are talented, hardworking, and dependable. They take pride in the work they produce, and they do it without excessive supervision. Essentially the work gets done to standard independently.
Consistent Revenue – The Company is on good footing, having weathered the recession, with revenue remaining regular and predictable from year to year.
Increased Revenue Capacity – The new owner, with the current staff and equipment could generate up to $900K in annual revenue.
Survey Records Library – The Company has 40 years of survey records that the buyers will own in addition to all other property and equipment.

Growth Opportunities:
Municipality Work – The Owner has never pursued municipality work, preferring to focus on the private sector, but there is room for growth into the public sector if desired.
Civil Engineering Work – The Company is pre-qualified with IDOT to engineering work. Expanding into this area of work would be simple.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $807,000
Cash Flow:   $315,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1976
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  The Owner would like to sell the business in order to retire and focus family and other activities.




Print Listing Id: 700261425
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Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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