Federal Project Management Firm For Sale
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Asking Price
$1,215,000
Detailed Information
Remote Operations, US
Not Provided
NA
Business Description
Established in 2010, this company offers project management services for office furnishings and workstations, catering primarily to federal clients such as the Department of Veterans Affairs and the US Army Corps of Engineers. The team includes an Operations Manager, Sales Associate, and Designer. The decision to sell is due to the aging owner's retirement plans, with a 20% purchase price carry offer by the sellers. Priced at $1,215,000, a 10% down payment of $121,500 could yield $170,282 in the first year after debt payments. Growth opportunities include expanding bidding efforts and staff. By enhancing bidding activities on government contracts and hiring more staff for quoting, the company can increase capacity and undertake multiple projects simultaneously. With tailored services for federal clients and potential growth through bidding efforts and staff expansion, this business presents an appealing opportunity for buyers seeking to enter or expand in this sector.