Melbourne, Victoria 3000
Large Concrete Pumping Business Taking $94,000 p/w EBITDA $1.1M+ Melbourne City Area (15281)
For Sale | $2,750,000
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 sizeable 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 ensures 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 a 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.
• A large and extensive list of plant & equipment valued at over $1,900,000
• Mostly run under management with little involvement from the owner
• Excellent cash flow business
• Huge growth potential
• The vendor is happy to stay on for a smooth transition
• Highly profitable and Excellent ROI EBITDA of 30%
A comprehensive information memorandum has been prepared for this business as well as accountant prepared financials. An inspection of the business is highly recommended.
Contact Farzin Hesari on 0401 009 469 or Jem Turemis on 0412 999 979 from LINK, formerly Klemms now!