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Established, Profitable Surveying Company

Lake County, IL (Relocatable)

Established, Profitable Surveying Company
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Asking Price: $445,000

Cash Flow: $105,364

Gross Revenue: $307,125

EBITDA: $96,968

FF&E: $52,000

Inventory: $2,000

Real Estate: $245,000*

Established: 1982

*not included in asking price.

Established, Profitable Surveying Company

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Business Description

This listing is for a well-established and profitable surveying company located in northeast Chicago that is available to a qualified buyer. This business is a licensed land surveying company serving northern Illinois and lower Wisconsin for over 35 years. It offers a new owner a turn-key opportunity and a six-figure income. For an existing surveying company, they can offer $130,000-$150,000 in additional income. They specialize in boundary surveys, ALTA/NSPS land title surveys, topographic surveys, grading plans, subdivisions, GPS/GIS, elevation certificates and more. The business has a large and loyal base of long-maintained clients that include banks, real estate companies, builders, forest preserves and more. 65% of their business comes from residential service with 10% in municipal and the remaining 25% in commercial. Professional memberships include the Wisconsin Society of Land Surveyors and the National Society of Professional Surveyors. The buyer will need to be a licensed surveyor who wants their own business. Their real estate is available separately from the asking price for $245,000. If you would like more information about this opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
Lake County, IL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,500
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Relocatable Business. Real Estate available separately from asking price for $245,000. 1,500 total sq. ft.
Competition:
Excellent Reputation, Loyal Client Base, Superior Service
Growth & Expansion:
Call on Existing Accounts, Expand Service Territory, Add Sales Staff, Add Services
Financing:
Relocatable. Real Estate Available Separate from Asking Price
Support & Training:
Owner will train the buyer for 4 weeks at no cost.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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