Brisbane City, Queensland 4000
Leading Road Maintenance Business - Forecast 2020/21 PEBITDA of $1,287,812
For Sale | $1,900,000
This rapidly growing business is a specialized Asphalt Civil Contractor, servicing a wide array of Tier 1 clients (both Private & Government) in the greater Queensland and New South Wales areas.
Established in 2012, the business is now an industry leader in the mid-section of the Road Maintenance Industry, with offices in Brisbane and several internationally recognized ISO certifications.
The business services a wide array of Tier 1 clients (both Private & Government) in the greater Queensland and New South Wales areas and provides services to local governments, corporate and commercial clients. It prides itself on having been certified with internationally recognized accreditations, including ISO9001, ISO14001, and AS/NZS 4801 certifications, as well as having successfully undergone annual ISO strict auditing processes.
With over 20 years' experience in the industry, the owners have streamlined and perfected their supply chain and operating systems, ensuring all procedures are well documented for ISO accreditations and annual audits.
There is obvious potential for the new owner to continue building on the hard work already applied by the current owners over many years to grow this business very significantly. Currently, the overall strategy of the business is to focus on Interstate expansion in the Asphalt Industry by developing a strong base of key customers. The current business owners believe this can be achieved by increasing their assets and investments of the company to support the development of services which would subsequently enable them to build and enhance their reputation in the industry and be regarded as a key player in the industry nation-wide.
Forecast Sales for F21 are $8,762,350 with an expected PEBITDA of $1,287,812. Figures should be extremely accurate as the majority of works are all booked in and progress payments started. The business also comes complete with a huge range of unencumbered plant and equipment with a market value circa $850,000.
Priced to sell quickly at just $1,900,000. This is an exceptional opportunity to acquire a very well established business with an enormous amount of ongoing work and instant cash flow.
A detailed Business Information Memorandum can be supplied upon request to qualified parties after completing our confidentiality agreement using this link https://forms.gle/T5KhKyUX13uKHdzH6