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Business for Sale Overview:

This Engineering and Construction company provides complete development, permitting, engineering, construction and management in the defined market for construction and maintenance of "120 MW and less" power plants. The company provides highly efficient, low cost solutions in energy consumption to the renewable energy, distribute energy and co-generation markets. Over the past fifteen years, the management team has developed a cohesive management process of safety and on-time, within budget delivery of completed construction projects. Very few companies provide similar construction services at comparable pricing, which gives this company a significant competitive advantage in the West Coast markets they serve. The strength of their barriers to competitive entry is manifest by rapid growth in their sales and profits. Current annual sales are in the range of $30 million and current backlog is $17 million not including a recently awarded $60 million contract. Along with the rapid growth has come a need to manage the financial demands of the business. The principals desire to find a buyer who has the financial strength to solve this problem so that they can continue to focus on managing the core business and the growth potential that exists as a result of their demonstrated success. They are very willing to enter into employment agreements with the new ownership making this a "turn-key" acquisition opportunity.