Consulting With Project Management For Airports

Business Overview:

This firm has a decade of experience in consulting and project management for airports, providing services primarily to airports located on the West Coast. Focused in airport planning services including roadways, underground utilities planning, passenger walkways and traffic flow. These services are essential for ensuring that airports operate efficiently and safely while meeting regulatory standards. The primary clientele consists of engineering firms and general contractors that specialize in airport grounds. This is a B2B model where the firm acts as a consulting subcontractor to larger organizations involved in major airport development and ongoing maintenance. One significant advantage of this business model is that there is no physical office space leased; eliminating overhead costs associated with maintaining an office. The owner is planning for retirement, which has prompted the decision to sell the business. To ensure a smooth transition, the seller is willing to provide training and consultation over a period of 2-3 years plus carry 20% of the purchase price.Priced at $1,415,000, a 10% down payment of $141,500 can return $222,637 in the first year after debt payments. There are significant growth opportunities available for this firmincluding; geographical expansion allowing them to offer services to airports in other states beyond its current West Coast focus. Additionally, diversifying service offerings or enhancing existing ones could attract more clients within the aviation sector.

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Market Competition and Expansion:

Offer service to airports in other states, no marketing is being pursued.

Reason for Selling:

Additional Details:

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