- Comprehensive Services Portfolio: This well-established construction business offers a wide range of services including concrete works, excavation, formwork, building construction, and general construction services. These comprehensive capabilities allow for seamless project execution from start to finish.
- Established Reputation and Experience: Founded in 2000, this company has built a strong reputation over the years, completing numerous challenging projects. It is the third generation in the construction business, providing a solid foundation and extensive industry knowledge.
- Strategic Market Position: The business is strategically located in a region with significant opportunities in both residential and commercial construction sectors, including notable work in the mining industry.
- Diverse Revenue Streams: Concrete works contribute 50% of the total revenue, followed by excavation services at 20%, formwork at 15%, building construction at 10%, and general construction services at 5%.
- Financial Highlights: The company has demonstrated consistent financial performance with a robust revenue stream of $9 million and a Seller’s Discretionary Earnings (SDE) of $564,000. Specific financial details are available upon request, with a history of stable earnings and growth potential.
- Marketing & Client Acquisition: The business acquires new clients through various channels including past work references, radio advertisements, and social media platforms like Facebook, Instagram, and TikTok. This multi-faceted marketing approach helps in maintaining a steady flow of new business.
- Long-Term Contracts and Client Relationships: The business has secured long-term service contracts and exclusive agreements with key clients, ensuring a stable and recurring revenue stream. This includes agreements with significant players in the mining sector.
- Strong Operational Infrastructure: Equipped with substantial assets valued at approximately $2.64 million, which are included in the sale of the business, and a capable team, the business is well-positioned to handle a variety of construction projects efficiently. Detailed equipment and asset lists are available for review.
- Skilled Workforce: The company employs 30 full-time professionals, including a skilled team of carpenters and laborers, supported by experienced supervisors and administrative staff. Special training and certifications are in place to ensure high standards of safety and performance.
- Owner Transition and Support: The current owner, seeking retirement, is committed to ensuring a smooth transition. The owner is willing to offer support and guidance for a period post-sale to facilitate continuity and maintain client relationships.