PM Firm Renovating Military Bases | West Coast

Featured on BusinessForSale.com . 57 viewed

Asking Price

$44,000,000

FOR SALE - ACTIVE

Detailed Information

Location

Tacoma, Washington, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This PM firm specializes in planning and managing renovations and maintenance for military bases in the upper West Coast region. The majority of their clients are Federal/Government agencies, such as the VA, Navy, US Coast Guard, Army, and School Districts. They handle a portfolio of 25-30 active projects at a time, totaling $78,000,000 in work in progress. Project types range from medical and hospital facilities to vertical structures and heavy civil projects. The company has a strong leadership team comprising 55 key employees, allowing the owner to provide strategic direction remotely with just 10 hours per week. They boast a 4+ year backlog with multi-year contracts secured, ensuring stability and growth. The Seller is open to staying on post-sale and offering financial support to the buyer. With assets worth $3.4M, including working capital and necessary equipment, the business is well-positioned to continue thriving, particularly with the potential growth opportunities from the 2022 US Infrastructure Bill's allocations

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