High Margin, Premier Full-Service Land Surveying Company
Cash Flow: | $259,000 |
EBITDA: | $159,000 |
Gross Revenue: | $1,537,000 |
Established in the early 1990’s, this premier full-service land surveying company performs both residential and ALTA commercial land surveys. In addition to land surveying, the Company specializes in site-planning and building permitting, FEMA elevation surveys, liquor license surveys and distance surveys. Their customer base is primarily residential customers (80%), building contractors (15%) and commercial clients and businesses (5%) situated in and around the greater metropolitan area of Atlanta, GA.
Revenue is generated from a combination of the Company’s product and service offerings, which as a percentage of 2023 revenue, include residential surveys (65%), site plans (15%), commercial surveys (10%) and permit consulting (10%). Starting in 2021, the Company transitioned so that they work remotely and no longer own, occupy, or maintain any brick-and-mortar facilities. The Company’s team includes highly experienced surveyors and CAD designers that ensure each project is done with the highest quality of work.
Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality work and client service. Evidence of these relationships is demonstrated by the 70% rate of repeat business. Their top four clients have been collaborating with the Company from a minimum of 5 years to a high of 10 years.
Industry Expertise: In addition to ownership’s experience, the Company’s key employees also have significant industry knowledge. This foundation of knowledge has given the Company a leg up on competitors.
Management Will Remain Through Transition: The active owner is willing to remain through the transition period to preserve operational cohesiveness. Additionally, all key employees are expected to remain with new ownership beyond the sale of the Company.