With a history dating back to 1987, a partnership grew out of this in February 2008 intending to construct medium-sized residential subdivisions and similar works involving earthworks, drainage, sewerage, water restriction, and pavements. At any one time, the number of projects under construction is closely monitored and managed by the management team who will recruit and train a suitable replacement. They have an excellent reputation and client retention is one hundred percent.
Revenue
$4,718,428
Net Profit
$1,334,790 after salary payments to Directors of $320,000
Potential
The building and construction industries did better than expected in dealing with the disruptions of 2020. The forecasts predict an even stronger outcome in this decade because of the housing shortage which is a significant contributor. The industry is punching above its weight in the recovery.
Infrastructure spending in areas including electricity supply, water, and railways is expected to benefit from enlarged infrastructure delivery programs being rolled out by commonwealth and state governments. Government spending and investment in providing social infrastructure and other essential services have been ramped up, increasing work forecasts in ad hoc categories of building, including other commercial and miscellaneous, as well as in health and aged care.
There is further demand for their services so the opportunity to grow is high.
Skills
Good management skills
Hours
Monday Thursday 6:30 am 5 pm
Friday 6:30 am 3 pm
Saturday 6:30 am 1 pm (as required)
Sunday Closed
Lease
Weekly tenancy of $200 p/week so it can be moved and amalgamated.
Location
Logan region and surrounding districts
Employees
7 staff and 2 owners
Reason for Sale
Retirement
About the Business
This civil engineering and construction company operates in Southeast Queensland. They have completed projects in Brisbane, Logan, Gold Coast, Scenic Rim, Ipswich, and Toowoomba, specializing in subdivisions and similar projects.
With a track record of successfully delivering projects of a high quality this business always aims to exceed the expectations of its clients and has managed to do so for many years. They achieved this by focusing on developing their workforce through education, providing a safe working environment, and working in an environmentally responsible manner.
They have access to all the knowledge, skills, tools, materials, and equipment necessary to complete projects plus all suitable equipment and plants, including excavators, backhoes, graders, and rollers.
It is an ideal acquisition for an industry player to increase their presence and results in the Southeast Corner or someone with the skills to begin or extend their careers in this very secure and strong industry knowing that it has a great history.
Sale Price
$3.9 million
