Queensland based services business with local and state govt contracts

For Sale | $7,000,000


Established for over 15 years this exceptional business holds major government contracts and is one of the largest of its kind in Australia. With the current owner looking to retire the opportunity exists for a new owner to acquire a 100% shareholding in this very well positioned company.

Further detailed information on this business is strictly confidential will only be provided to qualified individuals after completing our confidentiality agreement.

Key Points :

*Gross revenue (2020) $11,676,838
*The normalised EBITDA for the 2020 Financial Year $738,657
*The company holds major service contracts with local and state govt departments
*The company has virtually no balance sheet debt, except for circa $120,000 in vehicle finance.
*The company's net balance sheet value is $5.27 million
*The company's cash and cash equivalents currently exceed $1.8 million.
*Plant and equipment has a current fair market value of $4.26 million.
*Current good-will has been conservatively appraised at $2 million.

A 100% shareholding in the company is available for purchase for $7,000,000.

Interested parties are invited to complete our confidentiality agreement using this link https://forms.gle/sjzrptWy3erEqfm77



Dru Morgan

Marketing By

Dru Morgan

Business Brokers Network


This Machinery Business is one of 144 businesses for sale in Gold Coast, Queensland, and one of 49 Machinery Businesses in this region that a business for sale currently has on offer. This Machinery Business is for sale in Gold Coast for the asking price of $7,000,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..