Project Management Firm Specializing In Military Bases In Tacoma For Sale - Business for Sale

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Project Management Firm Serving Military Bases in Tacoma, WA

Tacoma, WA, US
Added 1 day ago
Project Management for Military and Government Construction
Absentee / Semi-Absentee

Project management firm in Tacoma, WA specializing in planning and managing renovations and maintenance for military bases and federal clients across the upper West Coast.

Key Information

Asking

$44.0M

Revenue

$81.0M

Earnings

$14.5M

Multiple

3.0x

Key Highlights

  • Business has been awarded multi-year contracts and maintains a 4+ year backlog
  • Clients are 90% Federal/Government (including VA, Navy, US Coast Guard, Army) and 10% private (including School Districts)
  • There are typically 25-30 active jobs concurrently, with a current work-in-progress (WIP) of $78,000,000
  • Project mix: 45% Medical & Hospital, 40% Vertical Structures, 15% Heavy Civil
  • Business employs approximately 55 key staff, including a President, CFO, 4 Project Managers, 2 Engineers, 5 Superintendents, 2 Foreman, 5 Estimators, 4 Quality Control, plus Admin, IT, and Assistants
  • Included assets total $3,400,000, covering working capital, vehicles, and equipment
  • Annual capital expenditures (CapEx) are less than $200,000
  • Seller is willing to stay for 3 years post-close and may offer a promissory note and/or equity roll of 30%

Contact Info

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