- Price: EXPRESSIONS OF INTEREST
- Categories: Industrial/Manufacturing
This is a rare opportunity to acquire an established business group specialising in the structural, civil and geotechnical engineering disciplines, plus specialist civil contracting construction disciplines which include foundation and ground stabilisation construction practices in Western Australia. Offering a turnkey approach from project inception through to geotechnical, civil, structural engineering design, all the way through the fabrication, onsite installation/construction, testing, reporting and finally engineering certification of the project.
The business group has experienced staff together with the vehicles, plant and equipment to undertake an extensive range of foundation and ground stabilisation construction practices. This has been refined and improved over the years the business group has been in operation.
The client base includes Tier 1, 2 and 3 main contractors as well small to medium sized property developers and builders across the field of construction disciplines from mining and industrial infrastructure through to commercial multi-level and residential construction. They have with good long-standing relationships and these clients have been a steady ongoing source of work for the business. The business group has a comprehensive range of products and services, staff competencies and capabilities in place.
Specific features of the business group include:
* Established for many years, strong brand and reputation
* T/O for 2020/21$5 million +
* Specialist capabilities, unique products and services offering
* Established client base who operate in many different industries/sectors
* Infrastructure of experienced staff in place
* Barriers to entry, difficult and costly to replicate this type of operation
* Run under management
* Multi-disciplinary and full service solution, all businesses have synergies with each other
* The Seller feels there is a significant opportunity for growth for the business group moving forward.
It could be an excellent bolt-on for an aligned company with an interest in entering this field and adding specialist capabilities to their toolkit. It could also suit an international or eastern states based company already operating in a similar industry who is wanting to establish a presence in Western Australia. The business group is of a good scale and could also be suitable for someone wanting a "stand-alone" business in this industry which they could potentially grow and expand further.
This opportunity could be a very good strategic acquisition for the right buyer or business group.
Asking Price $1,220,000 plus Goodwill via EOI:
Vehicles, Plant & Equipment - $1,020,000
Stock (estimate) - $200,000
Goodwill - via Expressions of Interest
*Work In Progress to be calculated at settlement (if applicable)
The Seller has requested that potential buyers be qualified for finance prior to progressing further. Due to the confidential nature of this transaction, further information will only be provided to parties which have been approved by the Seller.
We have an Information Memorandum available which interested parties can have access to after completing a confidentiality agreement on our website. When completing the form please provide as much information as possible so we can understand your company's circumstances, broad acquisition strategy/criteria and level of funding availability. We will be forwarding this to the Seller for their approval to release the Information Memorandum. The Information Memorandum explains the opportunity in detail, so you can better determine whether to progress further to meeting or a teleconference with the Seller and ourselves. For further information contact the Zircom Office on (08) ---- ---- or submit enquiry form.
For more information and a Confidentiality Agreement, please contact:
David Screaigh ---- --- ---
Email [email protected]
Catherine Jones ---- --- ---
Email [email protected]