Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Reputable/established Land Surveying Company

LISTING DETAILS
Firms For Sale ID:
34451
Vendor reference:
CR192
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£165,000  
Turnover / revenue:
£245,000
Net profit / cashflow:
Undisclosed
Years established:
35
Number of employees:
5
Employees / staffing:
The current owner works full time in the business. These days he is predominantly involved in the finance and administrative side of the business having put key managers and staff in place who are responsible for all the technical functions. Staff comprise: 1 Managing Director 2-FT Survey Managers 2-Surveyors Staff are a real asset of this business.

OTHER DETAILS
Reason for selling:
The vendor is planning his exit strategy due to pending retirement.
Support and training:
The owner will provide full business familiarisation, training and handover to ensure a smooth transition of the business to new owners. This should be a relatively simple process as the business already has key senior staff in place.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Reputable/Established Land Surveying Company
ISO9001
Ref. CR192
Location : South Wales
Asking Price : GBP165,000
A rare opportunity to acquire a profitable and well respected company with a desirable client base and key technical staff already in place. This Land Surveying company has been established for over 35 years. During this time it has built up a sterling reputation within the markets it serves offering a comprehensive range of professional services that include:
Land Survey making large scale maps or plans for Councils and Civil Engineering consultants, house building companies etc.
Utility Survey Finding and mapping underground utility services i.e. gas, electricity, drainage
Hydrographic Surveys making maps/plans of reservoir and lake beds.
Building floor plans.
This business has grown year on year and developed into a solid and reliable concern based on reputation, quality of work and trust. It has invested in technology to provide highly accurate surveys, be they Topographic, Hydrographic, Environmental, GPS or boundary. The business uses the latest robotic total stations and VRS GPS to generate digital terrain models that can then be produced as a 3D model or drawing.
For water surveys the company has digital echo sounding technology. The business also uses laser measurement devices, ground penetrating radar and highly sophisticated computer software.
Staff are paramount to the success of any business and this business is no different. The vendor has built a team of staff from top to bottom who have all the technical and managerial skills to operate the business on a daily basis. Staff are actively encouraged to take on training and all relevant personnel have the necessary qualifications to carry out their roles to the exacting standards their clients require.

Expansion Potential
The business has enjoyed consistent sales revenues and profitability over recent years. This trend is expected to increase such is the demand for its unique blend of services and the pick-up in its sector. The business has many different revenue streams and a diverse client base that means it is ideally positioned for continued growth. Hydrographic and buildings surveys (re floor plans and elevations) represent two key areas for growth as it has the in-house skills to take on further work in these areas.

The company has rarely felt the need to actively market the company as most of its work comes via referrals, repeat business and approved tender lists. With a more proactive sales and marketing function a new owner could significantly increase revenues and turnover within the business, both with existing and new clients.

Market / Competition / Non-Competition Agreements
To date, the business has rarely felt the need to advertise. There are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue. It is also on a number of approved tender lists, both private and public sector, and this ensures a consistent flow of business through the company. It does have a well-designed informative website that could be further developed in line with new marketing strategies as well as a suite of brochures.