The company is a general contractor but greatly decreased operations in 2020. The company served clients in both the private and public sectors within the state of Louisiana. The company primarily specializes in commercial and light industrial construction for both sectors.
Key Aspects:
· Low-interest transferable SBA loan can be used to finance the acquisition cost of the company.
· Despite the current idle nature of the business, active bidding and negotiating work can begin immediately.
· All accounts are set up & connections have been developed during the nearly five-decade company history
· Ability to take on projects ranging from new construction to restorations and additions within the public and private sectors.
· Well-established client base within Louisiana.
· Approaching 50 years in business with an outstanding reputation along with a 4-digit state contractors license number.
Opportunities:
· Further develop the company’s profitable project management line of business
· Apply the company’s Louisiana road and bridge permit to bid on more government contracts associated with highways, bridges and entities such as airports
· Add superintendents to the staff in order to grow the company’s project portfolio
· Expand the company’s geographic presence
Headquartered:
· Greater Baton Rouge, LA
Current Markets:
· The company is a prime contractor to the state of Louisiana. The company caters to governmental agencies but also serves private corporations, parochial institutions and residential clients.
Shareholder Objectives:
· The company is owned by a sole shareholder who is looking to either fully exit for retirement, or transition into an advisory role. He is open to various deal structures and transition periods.