Business Overview

Well-known, respected, and well-recognized local name for 66 years, current owner 51 years. Service platform includes ALTA/ACSM Land Surveys, Improvement Surveys, Monumented Land (Boundary) Surveys, Improvement Locations Certificates, Subdivision Plat, Topographic Survey, Parcel Split/Combination of Parcels, Site Plans, Control Survey, Construction Staking, FEMA Flood Certificates, As-Built Survey, Corridor Survey, Condominium Map, Architectural Survey, Aerial Photographic Mapping, and Easement Exhibits. Due to the large volume of inventory dating back to 1965 recertifications are a part of this businesses fee revenues. Contact Denver Business Brokers™, Bernard Cicirello phone/text (303) 947-5468

Financial

  • Asking Price: N/A
  • Cash Flow: $234,312
  • Gross Revenue: $471,651
  • EBITDA: N/A
  • FF&E: $112,220
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1956

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retirement

Additional Info

The company was started in 1956, making the business 66 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 completely different things. For instance, they might state "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a variety of various other factors. This is why it is extremely vital that you not count entirely on a vendor's word, yet rather, use the seller's solution along with your overall due diligence. This will paint a more practical picture of the business's current situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans with the purpose of covering things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that profit margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be satisfied or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new clients? Often times, companies have repeat consumers, which create the core of their daily revenues. Certain aspects such as brand-new competition growing up around the location, roadway construction, and personnel turnover can affect repeat clients and also negatively affect future earnings. One crucial thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the chance to develop a returning customer base. A last idea is the basic area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the local typical family income effect future revenue potential?