Business Overview

For nearly 40 years, this company has been providing full-service support for the private development community and municipal clients. They provide complete surveying, land planning and civil engineering services for projects ranging from single and multi-family residential developments to commercial and industrial projects, to recreational and municipal projects, including educational, healthcare, institutional, and transportation projects throughout Maryland, Virginia, and the District of Columbia.

Financial

  • Asking Price: $699,999
  • Cash Flow: $268,139
  • Gross Revenue: $1,066,721
  • EBITDA: N/A
  • FF&E: $71,857
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1984

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The facility is owned by the business owner. He will sell the property or lease it to the new owner.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. Civil Engineering License is required-boundary and topographic surveys • land use planning • preliminary plans of subdivision and comprehensive design plans • plats for special exception and re-zoning • subdivision and record plats • site design and grading plans • roadway, street grade and urban renewal planning & design • storm drainage conveyance and /storm water management plans • flood plain studies • sediment & erosion control design and inspections • water and sewer facilities design • construction permit services • construction stakeout • as-built surveys • foundation and location surveys • construction observation of on-site utility and street construction.

Purpose For Selling:

Owner wants to retire.

Opportunities and Growth:

Growth can be expected with a marketing program and fielding a website. This business continues to be stable due to on-time product delivery and the company's excellent reputation.

Additional Info

The company was founded in 1984, making the business 38 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. Nevertheless, the true factor and the one they tell you may be 2 entirely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might simply be reasons to try to conceal the reality of altering demographics, increased competition, current reduction in incomes, or a range of various other factors. This is why it is extremely important that you not count completely on a vendor's word, however instead, make use of the seller's response together with your total due diligence. This will repaint an extra reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover things such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that revenue margins are too thin. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that must be met or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location draw in new clients? Most times, businesses have repeat clients, which create the core of their everyday profits. Specific aspects such as new competition sprouting up around the location, road construction, as well as employee turnover can influence repeat clients and also negatively influence future earnings. One important thing to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A last idea is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? Exactly how might the neighborhood average family earnings impact future earnings potential?