New
Long Standing Construction Company For Sale New Orleans Metro Area
Duran Advisors presents this established mechanical and civil construction company in the New Orleans Metro area of Louisiana.
With over 50 years of experience, this construction company specializes in public-sector infrastructure projects. Licensed in four states, the company boasts a strong financial position with no debt and 95%+ revenue from reliable government contracts. It is renowned for its disciplined project execution and high retention of skilled personnel, making it a trusted contractor for municipal, state, and federal clients.
This business is an ideal acquisition for firms looking to expand their footprint in the public infrastructure sector. It offers significant growth potential in the private sector, which remains largely untapped. With a stable operational structure and minimal marketing efforts, the business is positioned for expansion and increased market share under new leadership. The business is an ideal company to build into a platform for a buyer looking to enter this industry. It is also an ideal strategic acquisition for a company looking to grow with a turnkey add-on. This company is not tied to any franchise, so it is a good fit for someone looking to establish a new franchise.
The owners have minimal involvement and only get involved on an "as needed" basis. They have gradually stepped back from daily operations over the last two years, delegating key responsibilities to a capable team. They are selling the business to retire and shift focus to commercial real estate investments. The owners are flexible on the sale structure and are prepared to provide transition assistance if needed.
The real estate is for sale for $815,000, and includes a main office facility with approximately five acres of space and an additional 7 acres of land. The property has been captured with a Matterport Virtual Reality 3-D scan, available to fully disclosed buyers for review along with a 60+ page Confidential Information Memorandum (CIM).
The business qualifies for bank financing. The right buyer could enter the market with minimal upfront investment due to the company's strong financials and stable client base.
2024 Revenue: $10,203,387
2024 EBITDA: $1,419,512
This is a structured sale with the following schedule:
- 8/22 Question Submission Deadline
- 8/29 IOI Submission Deadline
Take advantage of this unique opportunity to acquire a reputable construction business with a strong public-sector presence and substantial growth potential. Contact us today to learn more!
Joel Duran, CM&AA®, M&AMI®, CM&AP®, CEPA®, CVGA®, CAIM® CMSBB® is licensed through Duran Advisors, sponsoring broker is John Sanderford. Please contact Joel Duran directly for more information at (504) 321-0196.
Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0102
Reason selling:
Retirement
Finance
Sales:
$10,203,387
Profits:
$1,419,512
Profit type:
EBITDA
Operations
Employees:
24 Full-time employees
FF&E:
766633.00
Inventory:
Materials are procured on a per-job basis; no traditional inventory
Furniture fixtures and equipment:
$766,633 (Amount from tax returns minus depreciation) Included in the sale; detailed schedule available inside the Confidential Information Memorandum
Premises
Facility:
The business operates from a main office facility in the New Orleans Metro area of Louisiana, situated on approximately five acres of office and yard space. The property is available for lease or purchase.
Square footage:
~8100
Rent and lease terms:
The property is available for lease or for sale for $815,000 ($695,000 Parcel A & $120,000 Parcel C)
Location:
The business serves the Gulf South region, with operations licensed across Louisiana, Mississippi, Alabama, and Florida, which is ideal for accessing multiple high-demand public infrastructure markets.
Opportunities
Growth:
Significant growth potential exists by expanding into private sector projects and implementing a strategic marketing initiative. The company is well-positioned for geographic expansion and increased market penetration.
Market:
The company operates in the specialized heavy and civil engineering construction industry, focusing on large-scale public infrastructure projects. Its reputation and long-standing relationships with government agencies provide a stable client base.
Price and terms
Financing:
A qualified buyer could purchase the business with as little as 10% down. The company is a good candidate for bank financing. The company is debt-free and operates with strong internal cash flow. It does not require outside working capital loans, maintaining healthy liquidity and financial stability with cash reserves.
Training:
The business can be run entirely by current staff. Owners will train a buyer as necessary.