PM Firm Renovating Military Bases | West Coast
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Asking Price
$44,000,000
Detailed Information
Tacoma, Washington, US
Not Provided
NA
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