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Modular Building Company Business Fully Managed For Sale

Gold Coast, Queensland
Asking Price:
$7,200,000 (AUD)
Sales Revenue:
$7,900,088 (AUD)
Cash Flow:
$2,026,372 (AUD)

Summary
This is a business with advantages in design, construction and installation of modular buildings. Approximately 50% of the work is derived from Holiday Parks. Due to an advantage over traditional construction this modular building business for sale has on average a 10 to 20% construction saving over traditional builders

Revenue
$7,900,088 per annum

Net Profit
$2,026,372 for FYE 30/6/2017

Potential
Due to an advantage over traditional construction this modular building business for sale has on average a 10 to 20% construction saving over traditional builders. Add to this the lack of lost days from rainy weather this method of construction in the future. This business has built beach front homes in Byron Bay and Lenox Head as well as the core business of constructing 3 and 4 bedroom homes for holiday parks. Tourism is booming and people are looking to Air B and B and Stays for accommodation and land owners are capitalising on this market. Huge potential to grow with expansion opportunities everywhere from Cairns to Melbourne

Skills
Would suit an investor business for sale as a General Manger runs the day to day operations and the owner has an overseeing role.

Hours
Monday to Friday 7am to 4pm. Every Second Friday off.

Lease
Freeholds are owned by the sellers so an attractive lease can be negotiated. Option to buy also.

Employees
15 employees.12 fulltime, 2 casual and one part time.

Reason for Sale
Established in 1990 the owners are now looking to retire.

About the Business
This is a business with advantages in design, construction and installation of modular buildings. Approximately 50% of the work is derived from Holiday Parks business for sale. Many of these are owned by Local government who are changing these parks from old permanent sites generating minimal returns into new tourism destinations with modern accommodation business for sale. In this sector there are also a few very large park owners who are clients of this business for sale. One such customer is looking at spending $20 million over the next 3 years with the business. This will see EBITDA increase in the next 3 years. The other 50% of the business is built to order buildings from granny flats to luxury homes business for sale.

The outlook for the business is very strong as Australia rides the crest of $48 billion tourism wave, with new figures confirming the sector as a “super – growth” area of the new economy.
The built to order part of the business is solid as the business enjoys a 10 -20% price advantage over traditional design and construction competition plus the added advantage of being quicker and generally not affected by the weather.

The world is embracing modular construction methods business for sale so the business is well placed to grow well into the future.
Operating from a large factory with a systematic production line approach that ensures the flow of work. A team of experienced plumbers, electricians and carpenters assemble and install the home ready to be occupied

These are quality buildings with high quality fittings and fixtures. Whilst the bulk of its operation is larger type dwellings it has the capability to build all sizes and shapes.
Established by the current owners for 26 years this represents an excellent opportunity.
For Companies or Individuals who can invest more than $7.2 million plus SAV (share sale)

History
This business has been involved in the design and manufacture of transportable prefabricated modular buildings business for sale for 26 years. Their experience covers Residential, Commercial, and Council & Government Departments. They have delivered prefabricated modular buildings around Queensland, NSW, Victoria and Northern Territory.

Prefabricated Modular Buildings types:
• Tourist Cabins
• Ablutions blocks
• Camp Kitchens
• Park Managers Residences
• Park Reception Units
• Qld Health Mother’s Units
• Dental Clinic Units,
• Private residences

Property information

Location:

Gold Coast

Premises Details:

Freeholds are owned by the sellers so an attractive lease can be negotiated. Option to buy also.

Business Operation

Expansion Potential:

Due to an advantage over traditional construction this modular building business for sale has on average a 10 to 20% construction saving over traditional builders. Add to this the lack of lost days from rainy weather this method of construction in the future. This business has built beach front homes in Byron Bay and Lenox Head as well as the core business of constructing 3 and 4 bedroom homes for holiday parks. Tourism is booming and people are looking to Air B and B and Stays for accommodation and land owners are capitalising on this market. Huge potential to grow with expansion opportunities everywhere from Cairns to Melbourne.

Reasons for selling:

Established in 1990 the owners are now looking to retire.

Trading hours:

Monday to Friday 7am to 4pm. Every Second Friday off.

Employees:
15 staff
Years established:
1990

Contact Information

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