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Land Surveyor Business – Sold

Price: $1,200,000

Annual Revenue: $3,167,565

Net Cash Flow: $543,867

Industry: Construction

Location: New York

This company has been sold. Land Surveyor business with a great reputation that has many repeat clients. Title companies use them for land surveys when there is a sale of a property. Architects and Real estate developers use them when they are considering plans for developing land. They also provide land surveys when there is a dispute on the property line and for builders to get a certificate of occupancy when their job is completed. About half of their customers are for residential land and half are for commercial land. They have experienced employees that have been with them for many years. Their customers have come to rely on them because they have built up a lot of data on land in the New York area which allows them to provide accurate and reliable surveys. We are looking for another Survey firm or Engineering firm to acquire this business. The owners are willing to stay on after the sale to provide training and a transition to a new owner before they retire.

Listing Details

Reason For Sale:

Retirement

Summary

Potential Growth:

They get new customers from referrals and based on their reputation. They don’t do any advertising or marketing so a new owner that wanted to be more proactive could expand the business. In addition an engineering firm could acquire this business and offer additional services to their loyal customer base as well as offering Surveying services to your customers. 

Financing/Terms:

50% paid at the closing and seller will finance up to 50%.  

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