Price: $360,000
Location: Nevada
Industry: Building and Construction
Listing ID: ENGSUR
Listing Status: Sold
For more than five decades, this land surveying and site development consulting company has served its loyal clients with land surveying, land development, and consulting services. This company provides superior and profitable services to its clients - commercial builders, residential home builders of all sizes - small to national, multi-family builders, public entities, commercial and private entities.
This company has a high percentage of repeat customers that provides continual cash flow. The firm has helped thousands of clients with their subdivision plans, residential single family and multi-family home projects, parcel maps, etc. Professional Surveyor License is required at a minimum, Professional Engineers License required for engineering.
This consulting company has enjoyed annual sales over $600,000 with cash flows exceeding 30% of sales. their sales have been consistent over the past several years and they maintain a robust pipeline despite COVID and the current economic challenges.
From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it's no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.
Nevada state's commercial and residential real estate market is stable and continuing to grow. According to Bankrate.com, Nevada ranks 8th in the hottest real estate market in the country and 1st for job growth in march of this year and is in the top 5 states with the lowest unemployment rate. the regional growth is partly due to employers like Microsoft, Amazon, Walmart, Tesla, Google, and others.
Total Sales: $605,491
Cash Flow: $187,000
FFE: $25,000
Inventory: $3,000