LINK Business is pleased to introduce prospective purchasers to an outstanding acquisition opportunity of large concrete pumping business.
This business is a market leading provider of concrete pumping services operating in the residential and semi-commercial markets across Victoria and is fully-equipped to begin servicing industrial projects. Since its humble beginnings, the business has differentiated itself from competitors by providing a highly trained workforce and high quality equipment, and has developed a well-regarded reputation with builders and developers alike. The company is fully compliant with all work and safety regulations and has written down policies and procedures.
Concrete Pumping is a paramount method of concrete placement that requires skilled operators and a truck-mounted fully-articulating boom for precise delivery of concrete from mixer trucks to placing crews on the site. The businesses size able fleet of specialized pumping trucks and equipment combined with highly-trained operators position the business to deliver high quality, safe, timely and yet cost effective concrete placement solutions to its customers.
The company has all the necessary machinery arranged to begin securing EBA-related work and industrial projects, which will be paramount for growing the business further. A well-distributed stream of revenue ensure the business does not depend on any single client, with its 4 major clients accounting for 30, 20, 20 and 10 percent, respectively, of the business total revenue. Moreover, the business has forged strong relationship with clients, evidenced by the fact that its 3 major clients have been with the company since its inception. Priced very competitively in the market and equipment with the latest machinery and equipment gives the business ample opportunity to further increase its price and thus, its bottom line.
Highlights:
A large and extensive list of plant & equipment
Mostly run under management with little involvement from the owner
Excellent cashflow business
Huge growth potential
Vendor is happy to stay on for a smooth transition
over $1,900,000 in plant, equipment and vehicles
Highly profitable 40% ROI
A comprehensive information memorandum has been prepared for this business as well as accountant prepared financials. An inspection of the business is highly recommended.
Farzin Hesari
Phone: +61 3 6135 4446
Mobile: +61 0401 009 469
Email: Farzin.hesari@linkbusiness.com.au
Nawwar Alshawi
Phone: +61 3 6135 4446
Mobile: +61 0427 770 770
Email: Nawwar.Alshawi@linkbusiness.com.au
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY
ANYONE ON HIS/HER BEHALF
Ref: TA00109
Timestamp: 20201109100038
