Land Surveying Company
Price: $850,000
Annual Revenue: $780,291
Net Cash Flow: $196,700
Industry: Construction
Location: Westchester County, New York
The company was established more than 40 years ago and is a distinguished land surveying firm based in Westchester County, New York. It has an extensive archive, providing a strong foundation for its reputation and a loyal client base. With a focus on precision and customer service, the company offers various surveying services to clients across multiple sectors.
The company’s success has been built upon strong client relationships, compliance with legal and regulatory requirements, and active networking within related industries.
Specializing in mortgage/title surveys, boundary surveys, staking, and topographic surveys, the company also provides GPS-based location and elevation services. Clients range from private and commercial property owners to real estate attorneys, title companies, municipalities, contractors, and more. Business is mainly sourced from its extensive archive and referrals from satisfied clients, title companies, legal professionals, and various industry stakeholders.
Team: The company is led by its 2 principal owners, who oversee day-to-day operations, from project estimation to the final release of survey projects and maps. They are supported by a team operating efficiently under the supervision of a Licensed Land Surveyor, supported by an office manager.
Listing Details
Training & Support:
While one Principal owner is open to consulting for up to 5 years, the primary aim is to retain current employees for continued success post-transition.
Summary
Competition:
The company’s strengths lie in its established reputation and long-standing presence in the industry. Its century-long legacy and a network of acquired records distinguish it within the market.
Potential Growth:
Identified growth opportunities involve the adoption of GPS technology to enhance survey capabilities, focusing on both horizontal and vertical control applications. Expansion plans involve leveraging niche services and technologies to cater to new markets.