MergerPlace

Well Established Survey Service Business

Maryland


  • Asking Price: $127,000
  • Gross Income: $505,279
  • Cash Flow: $74,306
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #217521
  • Established: 1979
  • Employees: 5 FT / 1 PT

Business Description

This company specializes in providing surveying services to the Baltimore Washington corridor.The industry generates a significant proportion of business from cad astral work in the new residential building market. Cad astral work is performed to define the boundaries of land plots. The growth in residential construction over the five years to 2019 boosted demand for industry operators. As a result, demand from home builders is expected to increase significantly in 2019, representing a potential opportunity for the industry.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Maryland

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT / 1 PT

Financial Information

Asking Price: $127,000
Gross Revenue: $505,279
Cash Flow: $74,306
FF&E: $15,000
Seller Financing Available: No

Property Information

Facilities:

The facility is 3 offices, lunchroom and two drafting areas. The facility is 2540 sq. ft monthly rate is $3835.

Growth & expansion opportunities:

Growth can be substantial through marketing efforts and more exposure to other consortium type outlets.

Competition:

There many different types of surveyors that would compete for business with title and real estate companies.

Reason for selling:

The owners would like to retire.

Support & Training:

Will train for 4 weeks @ $10,000 This surveying company provides various types of survey in the MD and Washington DC area.

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers