Phone: (301) 215-9288
Price: $1,425,000
Location: Maryland
Industry: Engineering, Construction
Listing ID: Montg-MZ LS 666
Successful Land Surveying company with strong backlog of contracts and growing revenue. All loyal and professional employees are in place. The company has an excellent reputation and provided service top notch construction and Land development companies like Clark, HITT, Pleasant, H2 Lands, and more. Owner is retiring but may stay on board based on mutually agreed term. They are constantly bidding for new project. Their Targeted Customers are Land Developers, Retail, Commercial, Residential, and Land Owners.
Listing Details
Revenue: $968,000
Cash Flow: $494,000
EBITDA: $444,000
FFE: $248,000 (Included in Price)
Real Estate: (Not Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
Owner would like to slow down and enjoy their retirement.
Training & Support:
Owner will provide training during transition period. Owner is retiring but would love to work with new owner based on mutually agreed term.
Operation
Year Established: 2008
Days & Hours of Operation: M-F
Summary
Competition:
- The competition is very limited to none in the area. This company have provided an excellent service to their clients and for this reason they have repeat clients and referral from exiting or past clients.
Potential Growth:
- Owner believes engineering service could be added to their service and generate much higher revenue. Also, there are government jobs that current owner does not have enough time to pursue. The business could be expanded to other geographic area. The company doe not have website and adding well designed website could definitely help to attract more clients.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814