Absentee Owned Project Management Firm in OKC

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.