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Major Contracting And Maintenance Business – Victoria For Sale

Melbourne, Victoria, Australia
Asking Price:
$1,380,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS8119

Strong Cash Flow. Price Reduced to Facilitate a Quick Sale. Asking $1.38 million including assets of over $400,000

The current owner has successfully grown this business over 20 years and had planned to move interstate by the middle of 2022. As part of his plan, he put the business on the market twelve months earlier, with the intention that this would provide sufficient time for him to transition out. Unfortunately, the sale process was disrupted, upsetting this timeline.

To ensure that he can successfully get back on track, he has:
-Restructured his business over the last 3 months so that it is easier to manage, without sacrificing the potential for growth
-Reduced the asking price, making this an attractive opportunity

The business has over 20 years of trading history and has an established portfolio of customers within the building/construction industry, with further growth opportunities. This is a professional business with proven historical performance, attractive margins, and an industry with a strong outlook.

The owner is responsible for the general management of the business.

Business Highlights

-FY2021 Turnover of $8M+
-Revenue estimated to be around $7M for FY2022
-Gross Margin between 45% to 50%
-Average EBITDA/Profit over previous years around $1.1million
-Excess of $1.9 Million in forward orders as of end April 2022
-Majority of business is generated from existing portfolio of customers, referrals, or word of mouth
-Well-equipped operations with purpose-built office and depot
-Quality assets value in excess of $400,000
-Well established supply chain and operating systems
-The existing team has the design and technical skills

Current owner will assist the new owner with a suitable period to ensure smooth transition of the business.

The business is offered for sale at an asking price that provides an attractive return for the new owner.

Asking Price: $1.38 million including assets and forward orders.

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