Looking to get government exposure?
About the Business:
Founded almost 20 years ago, this market leading Civil Earthmoving and Construction business is on the market for the first time.
Targeting local government clients, thereby ensuring prompt and reliable payment the company's approach has allowed them to maintain high-profit margins that stand proudly alongside the industry's best. Along with an unwavering commitment to civil construction excellence, It is this dedication to quality that has earned the trust of clients who continue to rely on them for top-tier civil construction services.
The business has won numerous awards for their project delivery over recent years which has led to being awarded a number of once off and ongoing local government contracts for site rehabilitation and new construction projects.
As a preferred supplier on the WALGA panel, they are able to tender for a range of work and projects that aren't available to the mass market.
A number of current ongoing contracts will be novated as part of this sale, along with a large order book of forward works.
Specialising in a niche area of rehabilitation works, the business has unique skill sets that set them apart from their competitors.
The team of 12 staff are highly trained and led by the Owner who would like to remain on as an employee leading into his retirement.
Key points:
Strong Profits: Profits have varied over the years depending on what the owners have wanted to tender for but have ranged between $500k and $1.5m over the past 5 years.
Large forward order book: The business has a large order book in place for future work to be taken over by the Buyer.
High Level of Assets: The business has a large list of assets and equipment with estimated value circa $2.5 - $3.0m under pinning the asking price.
Government Contracts: The business has focussed on Government contracts and projects over its recent history and has a strong and highly regarded track record in the industry. There are also numerous current contracts in place that will be novated to the buyer.
Solid Handover: The owner is wanting to continue working for a few more years as he transitions into retirement providing a long and secure handover to the lucky purchaser.
This is the perfect acquisition for anyone looking for significant exposure into the government work and WALGA panel.
Confidentiality:
All inquiries and discussions will be treated with the utmost confidentiality.
FOR SALE: $3,950,000
Contact the exclusive broker:
Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5571 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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