15 Year Contract Surveying and Underground Utility Locating Business

Sarnia, ON

Seller Financing Available
15 Year Contract Surveying and Underground Utility Locating Business

Asking Price:$700,000

Cash Flow:$457,000

Gross Revenue:$697,000

EBITDA:N/A

FF&E:$100,000

Inventory:N/A

Established:2000

15 Year Contract Surveying and Underground Utility Locating Business

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Business Description

This company is a full service Contract Surveying and underground utility locating business with clients in the construction, industrial, architects, land development and engineering firms. Founded 15+ years ago, the owner has successfully developed the business by delivering high-quality performance, superior service, and a wide range of services. Some of the areas of expertise include construction layout, volume surveys, topographical surveys, site plans, underground utility locates, utility construction plans, data terrain modeling, GPS layouts, and precise piping field measurements. Their experienced employees, including field trained Surveyors, have been with the company for many years. They typically run 4 field crews. This business has regular repeat customers that they have had for many years. Their growth can primarily be attributed to referrals and their good reputation and the infrastructure is in place for more growth with a new owner. This is a great opportunity for an existing survey firm or engineering firm. The current owner is interested in assisting new ownership in the company’s continued success, so they are flexible on the transition period.

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Business growth currently is almost exclusively by referral from loyal clients and industry players. The company has no one dedicated to marketing and sales activities. Plus, opportunities exist to increase cash flow by targeting land development, and large-scale projects.
Financing:
Seller financing available to Qualified Buyers
Support & Training:
The owner is willing to stay with the company during a transition period to ensure a seamless transfer of ownership.
Reason for Selling:
Retirement

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Bill Sivell

Business Listed By:
Bill Sivell

Liberty Business Brokers of Ontario

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