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A professional PM firm that plans and manages renovations and maintenance for military bases across the upper West Coast. Clients are 90% Federal/Government and 10% private, including the VA, Navy, US Coast Guard, Army, and School Districts. There are typically 25-30 active jobs concurrently which represents a current WIP of $78,000,000. Project types include Medical & Hospital 45%, Vertical Structures 40%, and Heavy Civil 15%. A highly developed leadership team is in place where there are about 55 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 hours per week providing “strategic vision” to the leadership team. They have a 4 year backlog with multi-year contracts in place. The Seller is willing to stay 3 years post-close and will also offer a promissory note and/or equity roll of 30% as a sign of good faith. With the purchase, a buyer would receive $3.4M in assets, including working capital and the vehicles and equipment needed to continue successfully. CapEx remains very low at less than $200K per year. Reoccurring clients are the VA, Federal Government, and the US Military. There will not be any impact on this business should there be a recession, Government shutdown or upcoming election. In fact, due to the 2022 US Infrastructure Bill, this business will have organic growth as the Bill has literally billions of dollars in set asides for our military bases.
Here is your rare opportunity to own a well performing bar and grill and the real estate too! This standalone ~2900SF building houses everything you need to run a successful bar business. Full kitchen infrastructure, dedicated parking and a walkable location serving the immediate neighborhood. This laid-back neighborhood pub thrives off sports fans, pool and darts, pull tabs and a robust food menu. Purchase price includes real estate and all furniture, fixtures and equipment. Selling due to retirement.
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