This opportunity has sold and is no longer available. Press release to follow shortly! Thank you!
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.
The Owner would like to sell the business in order to retire and focus family and other activities.
Financial Summary:
2015 Total Sales: $807,000
2015 Owner’s Discretionary Earnings: $315,000
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.
Please inquire below for access to a complete Offering Memorandum and Financial Addendum that contains the following:
Company History/Overview
Information about Customers
Information about Service Offerings
Management Team & Personnel
Technology & Software
Facilities
Detailed Financial Addendum
Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this land surveying business for sale.
