Acquisition opportunity this Business to Business (B2B) niche construction area will be attractive to a number of operators seeking to expand their skills into this sought-after space. It can also afford a different direction from the challenges of the residential construction/renovation industry, offering a refreshing change for such builders.
The business for sale is an established B2B construction business delivering high value and a prized book of clients. Expressing a solid reputation and a well-established presence in Australia and New Zealand markets.
The business caters to clients with multi-site requirements, presenting lucrative opportunities for economies of scale.
The primary distinguishing aspect of this business lies in its clientele of prominent retail brands, which results in recurring opportunities for brand refurbishments.
Smooth transition, offering a national handover of key clients overseen by Full Time dedicated project managers. The owners have already minimized their involvement by reducing working hours to a minimum.
The business has an impressive consistent turnover and YTD already $3.6M pending and the Estimating team is busy with a further 7 jobs
Key Business Points and Reasons To Buy
Sales Revenue 2024 $7.5M
2022/23 sales circa $8M & $11.7M brands catching up work not activated in Covid.
Normalised 2024 PEBITDA $825k
Technical roles all covered by FT staff
Long-term repeat clients
Potential for fully managed entity with minimal adjustment.
Business carefully prepared for exit lowering initial transition period risks
With a stellar reputation, track record of excellence, a highly desirable stable of profile brand clients, this business offers an enticing opportunity for any interested acquirer.
Building/construction background is obviously something that buyers should consider an important aspect of considering this acquisition.
Expected investment requirement $2.75m + SAV neg Working Capital Circa $200k.
SAV to be calculated at time of settlement
