Aerial Mapping & Engineering Services Firm

/Aerial Mapping & Engineering Services Firm

Aerial Mapping & Engineering Services Firm

Aerial Mapping & Engineering Services Firm
41980259
Nassau County, New York
$1,500,000
$1,417,160*
$411,408*
*Three Year Weighted Average. SDE (Seller’s Discretionary Earnings) is net profit adjusted to reflect owner’s salary and benefits.
1968

Aerial Mapping & Engineering Services Firm

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.

View Business Teaser & NDA

The owner is interested in transitioning to retirement and to turn over the business role to a larger strategic partner. Owner is willing to stay on for an extended period of time as project manager.
This is contemplated as an Asset Sale where all assets of the company will transfer over to the new owner(s) except for any cash on hand and accounts receivable incurred prior to closing. All liabilities and accounts payable incurred prior to closing will remain with the seller.
Interested parties should download and complete the non-disclosure agreement and return it to VR Business Sales via email or fax. Qualified parties will be presented with a detailed confidential business review on the Company.
  • Aerial Mapping & Engineering Services Firm