Price: $1,500,000
Location: Greater Brisbane
Industry: Other Building and Construction
Baton ID: 18
Description
An attractive investment:
- Turnover $3.5m
- Vendor finance available
- P&E $1.95m
- Investment required $2.3m
- Recently upgraded and meticulously maintained equipment
- Ability to relocate the business to a location of choice
- Excellent relationships and repeat work
The business is one of the few general hire earthmovers who own their own fleet, and directly employ the operators, although more capital-intensive it gives the business a higher degree of control over service delivery, and therefore a higher quality of service, for which they can charge a premium, relative to their competitors.
The business services primarily commercial customers including local and interstate builders, landscapers, plumbers, concreters and civil contractors. Clients also include cross-hire and subcontract work with other local earthmovers.
The business has a large number of distinct, repeat clients with a very diversified client base. The business is not heavily dependent on a single or concentrated small group of clients with no client representing more than 10% of the business’s turnover.
Business Details
Total Sales: $3,500,000
M&A Advisor
