Absentee Owned Project Management Firm In OKC
Oklahoma City, OK Oklahoma County
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- RE: Absentee Owned Project Management Firm In OKC
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $10,500,000 | |
| Annual Revenue: | $37,874,014 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,380,918 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 7 | |
| BBN Listing #: | 997926 | |
| Broker Reference #: | CBI052-B |
Business Overview:
This 15-year-old project management firm based in Oklahoma City, has over $9,000,000 in backlog! The company offers services including preconstruction and a comprehensive project management schedule. They serve industries in aerospace, municipalities, biomedical, and specialized projects for defense contractors. Their client base is diverse and loyal, consisting of developers, government contractors, and long-term commercial clients. The business is operated by a team of seven talented employees, including an office manager, operations manager, project manager, two superintendents, an assistant superintendent, a labor supervisor, with all labor being subcontracted out. The operations manager oversees all day-to-day management. The passive owner focuses on high-level vision and team leadership. The seller has offered to stay with the business for 1 year. Plus, he will either roll equity or carry 10-15% of the purchase price as a show of good faith. Valued at $10,500,000 this business does not carry any special designations or utilize any union labor. The facility consists of approximately 3,000 square feet (2,400 sq ft office, 600 sq ft shop) with low overhead and very low CapEx. Vehicles and equipment are about $200,000 plus a new buyer will be in receipt of over $500,000 in working capital.
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Property Features and Assets:
Assets Included in Purchase: $734,075
Market Competition and Expansion:
Growth Opportunities: Expand geographically and/or implement a marketing strategy
Reason for Selling:
Retirement planning. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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