Project Management Firm, Military Base Renovations, West Coast
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Asking Price
$44,000,000
Detailed Information
Tacoma, Washington, US
Not Provided
NA
Business Description
A professional project management firm specializes in overseeing renovations and maintenance for military bases in the upper West Coast region. Serving primarily Federal and Government clients such as the VA, Navy, US Coast Guard, Army, and School Districts, the firm handles a diverse portfolio of project types, including medical facilities, vertical structures, and heavy civil projects. With 25-30 active projects at any given time, the company boasts a strong leadership team of 55 key employees, allowing the owner to focus on strategic guidance while working remotely for just 10 hours per week. The business showcases a robust financial standing, with a current Work in Progress (WIP) totaling $78 million and a substantial 4+ year backlog of projects secured through multi-year contracts. The Seller is offering to stay on for 3 years post-close and provide a promissory note and/or equity roll of 30% to facilitate a smooth transition. A potential buyer would acquire assets worth $3.4 million, including working capital,