South East QLD Civil Earthmoving and Haulage

Bundall QLD
Asking Price $9,990,000
This business is an excellent opportunity to acquire a profitable and successful enterprise in the most productive region of the state. Servicing South East QLD, the business maintains a high profile within the region due to its strong customer service and reputation for quality work.

It offers multiple income streams from projects across various sectors, and is a preferred provider for Government works with several Contracts in place stretching 4 to 5 years and beyond. Government/State projects account for 70% of revenue and secures consistent payments and positive cash-flow within the business.

The business operates a modern and well-maintained fleet with value in excess of $5.5m. All plant and equipment is in exceptional condition, fully utilised, and is maintained in-house and on-site. This minimises down time and ensures optimal performance, allowing the business to deliver its high-quality service with success and professionalism.

The business has solidified its brand by completing numerous sizeable government projects with high levels of customer satisfaction. It employs a strong management team, backed by a skilled crew of operators and drivers, all with vast knowledge and experience in the field.

Revenue and profits increase year-on-year. FY2024 is forecast for further growth with new opportunities recently added.

Key Points:
* Strong industry presence.
* Massive pipeline of future work.
* Majority of revenue from fixed term contracts.
* Plant and equipment value of circa $5.5 million.
* Specialised team of management and employees with significant industry experience.
* Well-maintained fleet, fully utilised and in high demand.
* Opportunities for new owners to continue growth via further fleet expansion and clientele. This business is easily scalable.

Who Should Consider This Opportunity:

* Strategic fit for acquisition buyers and independent entrants. This business presents an excellent opportunity for acquisition-focused purchasers who aim to expand their operations in South East Queensland. The business's strong presence in the region, established name and experienced team make it an ideal acquisition target.

* Existing companies aiming to expand their operations or diversify their services.

* Investors looking for a well-established business with a solid track record, ongoing government contracts and impressive assets.

Asking Price: includes all assets and work in progress.

REF: GC00939
Ref: GC00939
Timestamp: 2024xxxxx
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