Turnkey Surveying Company
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This turnkey surveying company in Indiana is for sale. It provides residential and commercial surveying services. Residential services center around residential surveys, marking easements, boundaries for fences, boundary disputes, and documentation for title companies and banks. Surveys for commercial clients include ALTA/NSPS land title surveys, retracements, topography, and elevation certificates.
The main services it provides are:
- Surveyor Location Reports
- Retracement Surveys
- ALTA/NSPS Land Title Surveys
- Topography
- Elevation Certificates
Because the business cross-sells services, the two divisions feed each other. As a result, the company has over 600 clients. It’s important to realize that these clients provide a recurring revenue base. Such clients include title companies, banks, insurance companies, government entities, construction companies, residents, etc. Importantly, the current service breakdown is 57% residential and 43% commercial.
This turn-key surveying company has everything in place. If you are a licensed surveyor looking to start your own company or an existing business looking to expand through acquisition, this would be a good opportunity to consider!
Investment Considerations:
- Extremely Profitable
- Strong Brand Recognition
- Extremely Limited Competition
- Tenured, Experienced Staff
- Two Revenue Sources
- Ability to Cross Sell Services
- Strong Client Retention
- Well diversified Client Base
- Proven Processes in Place
Growth & Expansion Opportunities:
A new owner can grow the business by doing the following:
- Add New Markets
- Hire More Staff
- Add on More Clients
- Improve Current Processes
- Implement Marketing Plans
Asking Price:
It is assumed that the Purchaser and/or Purchaser’s advisor (s) will possess sufficient financial sophistication to determine value and submit an offer to purchase.
Financial Information:
Revenue | Cash Flow | |
Jan-June 2023 | $1,031,469 | $470,635 |
2022 | $2,166,496 | $1,028,908 |
2021 | $2,348,682 | $1,130,337 |
2020 | $2,164,112 | $1,155,707 |
**For more information regarding this Turnkey Surveying Company click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**
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- Reason For Sale : The Sellers are ready to transition the business to new ownership.
- Year Established : 1976
- Location : Indiana
- Cash Flow : $1,028,908
- Revenue : $2,166,496
- Listing # : N2121