Business Overview

Opportunity: Our Client is one of the best survey firms in North Texas. Primed and ready for rapid growth this company has shown steady growth year after year only to be constrained by the desire for a controlled and sustainable growth in the hottest construction market in the nation. They constantly train with state of the art technology and lead the industry with volunteer work in professional organizations and committees.

Our Client has a loyal and professional staff that in the current market is almost unheard of. Most of the 18 full time employees of this company have numerous years with the current owner and have a deep desire to see the company continue to grow. They currently have 2 RPLS’s on staff with 2 more Surveyors in Training soon to earn their professional certification.

The current owner desires to stay on post-acquisition and be part of the new owner’s growth strategy through retained equity ownership

Financial

  • Asking Price: $1,800,000
  • Cash Flow: N/A
  • Gross Revenue: $2,225,000
  • EBITDA: $403,555
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2009

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:5,000
  • Lot Size:N/A
  • Total Number of Employees:18
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

5000 square feet

Is Support & Training Included:

The owner is committed to the success of future structure and wants to stay on.

Purpose For Selling:

Owner see growth opportunity in DFW and wants capable partner for future scale

Pros and Cons:

The Company is located in the top fastest-growing state in the country (U.S. News & World Report). Further, within the Company’s service area, is the 3 or 4 of the fastest-growing cities in the nation according to BusinessInsider.com. The business operates from a small office in DFW and has the reputation and potential to expand to a much larger territory.

Opportunities and Growth:

The Company is located in the top fastest growing state in the country (U.S. News & World Report). Further, within the Company’s service area, is the 3 or 4 of the fastest-growing cities in the nation according to BusinessInsider.com. The business operates from a small office in DFW and has the reputation and potential to expand to a much larger territory.

Additional Info

The business was started in 2009, making the business 13 years old.

The business has 18 employees and resides in a building with approx. square footage of 5,000 sq ft.
The building is leased by the company for $5,700 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nonetheless, the true reason vs the one they say to you might be 2 absolutely different things. For instance, they might claim "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in earnings, or an array of various other reasons. This is why it is really vital that you not rely totally on a vendor's word, however instead, utilize the vendor's response combined with your overall due diligence. This will repaint an extra sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things such as inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can indicate that profit margins are too small. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be satisfied or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new customers? Often times, operating businesses have repeat clients, which form the core of their daily earnings. Specific aspects such as brand-new competitors sprouting up around the area, road building and construction, and also employee turnover can influence repeat clients and also negatively impact future incomes. One important thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business often, the better the chance to construct a returning client base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? How might the neighborhood median household earnings influence future income potential?