- CityNot Disclosed
- StateNot Disclosed
- Region Midsouth States
- CountryUnited States
Not Relocatable
Real Estate Included
Our firm currently represents a well-established and profitable civil engineering firm that provides design and construction project management services primarily for municipal projects in the South Central United States. The company and its experienced, well-regarded staff have an established performance record, excellent relationships, and numerous repeat clients among local municipalities. The company expects fiscal 2009 performance to match that of the previous year despite the economy and the tendency of municipalities to reduce project spending. Project backlog of over $2 million for 2009-2010; anticipating securing major follow-on projects totaling over $4 million to be awarded in 2009 and extending as far out as 2013; bidding on a further $15.8 million in future projects for established clients. Projecting revenue to reach $4.5 million in 2013 with EBITDA of $1.86 million (41.1%). The active owners and key managers are amenable to remaining with the company for 2-5 years to ensure an orderly transition.
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