Digital Mapping & Engineering Services Firm
Nassau Cty, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $1,500,000 |
$1,544,635 |
$496,543 |
Furniture and Fixtures Value:
$0 (included in the asking price)
Inventory Value:
$0 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This well known digital aerial mapping and engineering services has been in operation with the current owner since 1972 and offers services in three main areas: image processing, digital mapping & survey project services, and geographic information systems (GIS). The company has longstanding customers in local state and federal governments, large utilities and civil engineers. The firm typically undertakes about 360 billable projects each year, with 90% of those from repeat customers, where none of these projects accounts for more than 20% of total revenues. Over the last five years, annual revenues have run between $750k-$1.54MM, and three year average is $1.4MM. Reason
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| Year
Business was Established: 1968 |
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| Number of Employees:
9 f/t |
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| Facilities / Terms of Lease:
2200sq ft |
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| Potential
Growth/Expansion:
The industry is growing, synergies with buyer. |
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| Competition:
Co is leader in its region. |
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| Reason for selling:
Principal wants to start exit process. |
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| REQUEST MORE INFO |
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