Arizona’s Top Trending Business Industries to Buy Into
Arizona’s business landscape is stronger than ever. Record-setting job creation, rapid population growth, and billions in capital investment are fueling demand across several core industries. For entrepreneurs and investors, that means real opportunity, especially with the guidance of a trusted business broker.
Business Brokers of Arizona specializes in helping buyers acquire well-positioned companies throughout Scottsdale, Phoenix, Tempe, Chandler, and beyond. Let’s examine the industries showing the greatest momentum in 2025, with statistics and insight into why they’re prime targets for acquisition.
Construction
Arizona’s construction sector is expanding alongside population and commercial growth.
Sector size: Construction contributed roughly $35.9 billion to Arizona’s GDP in 2024.
Market drivers: Industrial megaprojects like semiconductor fabs and residential demand are pushing activity higher. TSMC’s multibillion-dollar Phoenix investment, for instance, has spurred new housing and infrastructure.
Growth outlook: The state’s industrial building construction market is projected to generate $720M+ in 2025 revenue, growing about 4.8% annually since 2020
For buyers, the opportunity lies in small-to-midsize firms: residential contractors, HVAC/plumbing/electrical businesses, and commercial builders with steady backlogs. These companies often come with experienced crews, equipment, and established local client bases — assets difficult to replicate from scratch.
Broker’s edge: BBAZ evaluates books, contract pipelines, equipment, and licensing to ensure you acquire a healthy operation with predictable earnings.
Health & In-Home Care
As one of America’s top retirement destinations, Arizona’s 65+ population continues to grow faster than the national average.
Demographic strength: Arizona’s 65+ population is projected to grow faster than the U.S. average through 2030 (per state demographic outlooks).
Service demand: Non-medical home care, licensed home health, and senior support programs are increasingly in demand as older adults look to remain independent and continue living in their own home.
These businesses tend to generate recurring revenue and benefit from customer loyalty. With the right staffing and compliance processes, margins can be strong.
Challenges to weigh: recruiting qualified caregivers, managing insurance billing, and meeting state licensing standards.
Broker’s edge: BBAZ helps buyers analyze financial statements, payer mix, and compliance requirements. We also know where to find owners ready to transition their agencies, giving you access to opportunities not always visible on the open market.
Manufacturing & Semiconductors
Few sectors have transformed Arizona’s economy as dramatically as advanced manufacturing, especially semiconductors.
Capital influx: Since 2020, Arizona has won over 60 semiconductor expansions, representing more than $205 billion in capital investment.
Mega projects: TSMC’s Arizona fabs (a combined $165 billion buildout) and Intel’s Chandler expansions anchor a supply chain of suppliers and service providers.
Supplier ecosystem: Nearly 40 related firms have entered Greater Phoenix since 2021, adding millions of square feet of space and billions in investment.
Not every buyer will take on a fabrication plant, but suppliers, component manufacturers, equipment maintenance firms, and precision machine shops all play vital roles. Many are privately held, profitable, and seeking new ownership to scale with demand.
Considerations: water and power costs, workforce availability, and capital equipment values.
Broker’s edge: BBAZ connects buyers with businesses inside this supply network, performs contract and asset due diligence, and negotiates favorable terms.
Technology & Business Services
Arizona’s tech and professional-services economy has surged in parallel with its manufacturing boom.
Employment strength: As of April 2025, professional and business services employ ~461,000 Arizonans, up from ~419,000 in 2020
Segments to watch: IT managed services, cybersecurity, SaaS, logistics providers, specialty consulting, and firms supporting semiconductor operations (e.g., cleanroom maintenance, software integration).
Appeal to buyers: lower fixed costs than manufacturing, recurring contracts, and scalable revenue models.
Due diligence matters: assess client concentration, staff retention, and technical capabilities.
Broker’s edge: We identify high-performing service businesses, review valuations (EBITDA multiples, ARR where relevant), and help you position bids that balance growth potential with operational risk.
Why Work with Business Brokers of Arizona
Arizona’s economic momentum is broad and deep, spanning construction, health services, manufacturing, semiconductors, and technology. Each sector offers unique entry points for entrepreneurs — from turnkey contracting companies to precision manufacturers and digital-service providers.
Acquiring a company in one of these growth markets is a smart move — but only if you know how to evaluate operations, value cash flow, and negotiate the right terms.
Business Brokers of Arizona offers:
Access to current listings and off-market opportunities
Local insight across Scottsdale, Phoenix, Tempe, Chandler, and surrounding areas
Comprehensive valuation and due diligence services
Assistance with financing and transition planning
With decades of experience in Arizona’s market, we match serious buyers with businesses poised for long-term success.
If you’re considering a business acquisition in Arizona, partnering with local experts who understand both the numbers and the local landscape is essential. Contact Business Brokers of Arizona today to explore listings, discuss strategy, and position yourself to capitalize on the state’s most promising industries.
