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Construction Management Firm with Niche of Military Base Infrastructure

Professional PM Firm with over $120 Million in Contracted Work!

CASH FLOW
$6,802,180

Specifications

  • Price
    $36,250,000

  • Revenue
    $31,490,340

  • Cash Flow
    $6,802,180

  • Profit Margin
    27%

  • Employees
    35

  • Account Receivable
    $2,912,123

 

This professional management firm provides expertise from cost consultation, design, administration, sub-contractor placement and project management. The firm plans and manages renovations and maintenance for military bases across the West Coast, of which 50% are in Washington, 40% in Northern California, and 10% in Oregon. Clients are 90% Federal/Government and 10% private hire, including the VA, Navy, US Coast Guard, Schools, Army, and Apartments/Condos. There are typically 20-30 active jobs concurrently. A highly developed management team is in place where there are about 35 key employees, including a President, CFO, 4 Project Managers, 2 Engineers, 5 Superintendents, 2 Foreman, 5 Estimators, 4 Quality Control, plus Admin, IT, and Assistants. This allows the owner to work remotely, spending only 10-15 hours per week in the business having only 3 direct reports. There will not be any impact on this business should there be a recession. In fact, due to the newly passed US Infrastructure Bill, this business will have organic growth as the bill had many set asides for our military bases. They have a 4+ year backlog with over $120 Million in contracts. Offering diverse services such as upgrades to massive military buildings, replace electric, chillers, plumbing systems, water mains, removal of fuel tanks, and demolition of structures. The Seller is willing to stay up to 3 years post-close and will also offer a promissory note or equity roll of 25% as a sign of good faith. The owner describes himself as having no day-to-day role and that he is more of a visionary. With the purchase, a buyer would receive $2.9M in assets, including working capital and the vehicles and equipment needed to continue successfully. CapEx remains very low at less than $200K per year.

 

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.