This long established Midwest Mapping Services Company offers quality product and services to a broad spectrum of businesses, government, and individuals.
The company has skilled, experienced Management in place, literally running the day-to day operations, and overseeing staff and sales personnel. The Owner spends limited time in the office, primarily focusing on systems and strategies with Senior Managers.
The "Intellectual Property" inherent in this acquisition, involves more than 3,000 digitized, copyrighted maps, providing multiple avenues for licensing product.
The Discretionary Earnings with Management in Place in 2014 were $244,414.
Value of Inventory: $18,000 Included in Asking Price.
Value of FF&E: $51,000 Included in Asking Price.
Year Established: 1968
No. of Employees: 12FTE; 1 PTE
Reason for Selling: Retirement
Facilities: Leased Office Facilities are available. The Owner views Relocating as a viable option.
Mgmt. Training/Support: The Owner has expressed a willingness to provide training and transitioning after the transaction takes place.
Market Outlook & Competition: The forecast for this industry is 3.1% growth annually from 2014- 2019.
The Owner anticipates recent strategies implemented coupled with streamlined operations will also generate increased profitability. Customers’ ability to access some digital products on-line will also augment earnings. The cost of providing digital files is significantly lower than printing and shipping hard copy products.
The company provides accurate, quality services and product to its customers.
The firm’s library of copyrighted maps is an asset that cannot be replicated.
Asking Price $850,000
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