Very Secure and Solid Civil Works Business
With a history dating back 38 years, this business excels at constructing medium-sized residential subdivisions and similar works involving earthworks, drainage, sewerage, water restriction, and pavements. The team monitors and manages the number of projects that are undertaken. They have an excellent reputation and a perfect record of client retention.
Revenue
$4,718,428
Net Profit
$1,334,790
Potential
The building and construction industries did better than expected in dealing with the disruptions of 2020. The forecasts predict an even stronger outcome in this decade because of the housing shortage, which is a significant contributor.
Infrastructure spending in areas including electricity supply, water, and railways is expected to benefit from enlarged infrastructure delivery programs being rolled out by the Commonwealth and State governments. Government spending and investment in providing social infrastructure and other essential services have been ramped up, increasing work forecasts in ad hoc categories of building, including other commercial and miscellaneous, as well as in health and aged care.
There is further demand for their services, so the opportunity to grow is high.
Skills
Understanding of Civil Work projects. Engineering or building an advantage.
Hours
Monday – Thursday 6:30 am – 5 pm
Friday 6:30 am – 3 pm
Saturday 6:30 am – 1 pm (as required)
Sunday Closed
Lease
Weekly tenancy of $200 p/week so it can be moved and amalgamated.
Location
Logan region and surrounding districts
Employees
7 staff and 2 owners
Reason for Sale
Retirement
About the Business
This civil engineering and construction company operates in Southeast Queensland. They have completed projects in Brisbane, Logan, Gold Coast, Scenic Rim, Ipswich, and Toowoomba, specializing in subdivisions and similar projects.
With a track record of successfully delivering projects of a high quality this business always aims to exceed the expectations of its clients and has managed to do so for many years. They achieved this by focusing on developing their workforce through education, providing a safe working environment, and working in an environmentally responsible manner.
They have access to all the knowledge, skills, tools, materials, and equipment necessary to complete projects plus all suitable equipment and plants, including excavators, backhoes, graders, and rollers.
It is an ideal acquisition for an industry player to increase their presence and results in the Southeast Corner or someone with the skills to begin or extend their careers in this very secure and strong industry knowing that it has a great history.
Sale Price
$3.9 million
For more details, please email broker or call agents.
