At Duran Advisors, we are excited to present an exceptional opportunity to acquire a specialty construction business located in the New Orleans metro area. This is not just any business for sale in Louisiana; it is a leading company that has been dominating its niche for multiple decades. As a premier business broker in Louisiana, we understand the intricacies of the market and the immense potential this business holds for the right buyer.
A Proven Track Record of Success
Established in 1972, this specialty construction business has built a solid reputation over the years. It is the most dominant player in its specific work type within the area, making it a strategic acquisition for a platform company looking for a turnkey add-on. The company operates from a purpose-built facility centrally located in its primary market. With 41,075 square feet of space, there is ample room for expansion, either through leasing or purchasing the property valued at $700,000.
Financial Strength and Growth Potential
Financially, the business is robust. In 2022, it reported sales of $3,888,149 and an EBITDA of $1,427,607. The company’s financial health and steady earnings make it a prime candidate for SBA financing. A motivated buyer could potentially finance the acquisition with as little as 10% down and earn their investment back in as little as six months.
The global revenue for construction work, including specialty contracting, is expected to grow significantly, reaching approximately $15 trillion by 2030. This presents a tremendous growth opportunity for the business, especially given its established market presence and reputation.
Seamless Transition with Full Support
One of the most compelling aspects of this opportunity is the flexibility offered by the current owner. Retiring after decades of successful operations, the owner is committed to ensuring a smooth transition. Whether the buyer prefers an immediate exit or ongoing project-based support, the owner is prepared to stay on for up to a year to help transition the business and maintain key relationships. This level of support can be invaluable for a new owner, ensuring continuity and stability during the handover period.
An Industry on the Rise
The specialty contracting industry in the United States is vast and diverse, comprising approximately 460,000 establishments with a combined annual revenue of about $875 billion. The industry is highly competitive, with major companies operating both locally and internationally. This business stands out due to its strategic location, purpose-built facilities, and robust operational structure. The profitability of individual companies in this sector often depends on accurate project bids and efficient operations, both of which are strengths of this business.
A Lucrative Opportunity Awaits
In summary, this specialty construction business represents a rare and lucrative opportunity to own a leading company in a growing industry. With a strong financial foundation, significant growth potential, and full transitional support from the current owner, it is an ideal acquisition for both seasoned industry professionals and strategic investors. As a trusted business broker in Louisiana, Duran Advisors is here to guide you through the process, ensuring a smooth and successful transaction.
If you are serious about exploring this opportunity, we invite you to request more information. A detailed 40+ page Confidential Information Memorandum (CIM) and a Matterport 3-D Virtual Reality scan of the premises are available for fully disclosed buyers. Contact our listing broker, Joel F. Duran, CM&AA®, CEPA®, CMSBB®, at (504) 313-1038, or our real estate broker, John Sanderford, at (504) 321-0196, to schedule a visit and see this turnkey opportunity for yourself.
Don’t miss out on this chance to own a leading construction business. Reach out to Duran Advisors today and take the first step towards acquiring this exceptional business for sale in Louisiana.
If you’re considering buying or selling a business in Louisiana, contact Duran Advisors. Our experienced team of business brokers is here to guide you every step of the way, ensuring a seamless and successful transaction.