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847-358-9404847-358-9404
847-241-0004

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.

 

MBBI Member
Asking Price
$850,000
Gross Revenue
$1,399,677
Cash Flow
$208,280
Is this a franchise?
No
Home Based?
No
Can the business be relocated?
Yes
Number of Employees
13
Year Established
1968
Seller Financing Available?
Seller Financing Is Not Available
Company Structure
C Corp
Facilities
Leased Office Facilities are available. The Owner views Relocating as a viable option.
Reason for Selling
Retirement
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.

Management Support
The Owner has expressed a willingness to provide training and transitioning after the transaction takes place.
EBITDA
$208,280
Real Estate Included?
No
Equipment Included
Yes
Inventory Included?
Yes
Inventory Value
$18,000
FF&E (Furniture, Fixtures & Equipment)
$51,000
Cash Flow Comments

The Discretionary Earnings with Management in Place in 2015 were $208,280.

Gross Revenue Comments

The gross revenue of this Niche Mapping Services Company increased each year in the prior three years. The company’s gross revenues in 2015 were $1,399,677.

Name
Linda J. Purcell, CBI,