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Construction Company - Civil, Commercial, Marine, Oil & Gas
Location Louisiana,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $6000000
Net Profit / Cash Flow $1750000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 35 - 49
Inventory 2733687
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Available
Reason for Sale Retirement
Description This very large and successful construction company business for sale in the North Shore area of New Orleans, Louisiana has been established for over 20 years performing work in both the private and public sectors. The company is licensed to do both building construction and infrastructure work (highways, bridges, streets, excavation, etc.), and has recently grown its core Civil and Marine construction divisions. These two divisions are poised to begin $4 - $5 million in projects in the second half of 2012 through the first quarter of 2013. They have also invested a substantial amount of time and money in efforts to obtain the prerequisite certifications and senior sales management expertise to launch Industrial and Oil & Gas Pipeline construction divisions. These two divisions are primed to contribute significant to increased and ongoing revenue. In addition to this, the company has grown its bonding capacity from $5 million to $18 million. The company has a significant amount of well- maintained heavy equipment from manufacturers like Komatsu and John Deere valued at approximately $1.75 million which is included in the sale. Company has very solid books and records which can be previewed by qualified buyers.
This large construction company business for sale occupies approximately 3,000 sq ft of very affordable leased space ($1,000 per month). The business is found in the North Shore area of New Orleans, Louisiana, a very affluent and thriving area located just a short drive from the Mississippi Gulf Coast, as well as Baton Rouge and New Orleans, both major metropolitan cities.
Seller is ready for retirement and motivated to divest this construction company business for sale. Seller will assist in the training and transition of this entity to ensure future success. This is the perfect opportunity for a qualified buyer looking to enter the construction industry, or for a major player to make a strategic acquisition.
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