Details - Information last confirmed on September 22, 2020
With over 50 years of success, this profitable and well established firm provides land surveying, civil engineering, land developing and planning engineering services throughout Hampshire, Worcester and Hampden counties and surrounding areas. They have very deep relationships with their customers who include contractors, residents, and municipalities, many of whom they have been delivering high quality services for for over 25 years. With on-going on-call contracts in place with public entities that typically renew year after year they have a stable source of recurring revenue and are extremely well positioned for the future. Service revenue is comprised of approximately 80% surveying and 20% engineering. Longstanding memberships include MALSCE and ASCE.
Facilities: Their office space includes 2,250 square feet, a 970 sq. ft. file room and 900 square foot equipment room in the basement. The basement space is not counted in the overall building The 10,000 sq.ft. building is owned by the seller. A lease will be assigned to the buyer.
Competition: Their entrenched long-term relationships position them extremely well in their market. They are one of the most well respected firms known for the high quality of service they deliver.
Growth & Expansion: Since most of their business is repeat and through referrals, they could expand their sales and marketing effort and develop new accounts. They could also expand their service area.
Financing: The seller is willing to finance a portion of the sale
Support & Training: The seller is committed to the long term success of the business and will provide a successful transition appropriate to the buyers needs.
Reason for Selling: Retirement
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.