This firm specializes in several key areas of surveying:
Boundary, Design, and Construction Surveying, LiDAR Services
for high-resolution mapping and analysis, and Quality Control
Services to ensure the accuracy and reliability of survey data
and title surveys.
Their client base consists of engineering firms,
land developers, and municipalities. For three decades this
business has provided services throughout Central Texas,
focusing on Austin and the surrounding counties.
The team consists of 16 employees, which includes: 1 Principal Engineer,
2 General Managers, an Office Manager, a Senior Technical
Designer, and various technicians who carry out fieldwork, data
collection, and drone piloting.
Less than 2 years ago, over
$650,000 of new equipment and technology was added,
including: High-end Drone with software, State of the Art robots
and terrestrial scanners.
Additionally, the business comes with
over $200,000 of vehicles and working capital of $115,000. The
company operates from a nice office space of 3,100 square feet.
The owner’s responsibilities are passive and include oversight of
the team and completing administrative tasks, roughly 10 hours
per week.
Priced at $1,325,000, which is based on a 4-year cash flow
average of $415,580 with a multiple of 3.2. There are several
avenues for growth identified within this business – these areas
include the incorporation of drone technology and Geographic
Information Systems (GIS) as they can enhance surveying
capabilities and efficiency. Expanding into hydrographic
surveying could open new markets related to water bodies.
