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Business ID: BS------
T/O 5.78M p.a. Owners Revenue Annualised 2021$1.72 p.a.
The company was established almost 20 years ago, as a specialist business to connect any development to the water supply. There are two main divisions of the company, one dealing with coordination and application process for certification of the statutory authority and the other being the design and construction of the particular project. Every property development requires this basic service so it is a very secure business with constant demand.
-Established nearly 20 years.
-Statutory Authority Accredited Supplier
-5 Year Contract.
-History of Profits.
-Grown Every Year of Operation.
-ISO accredited & Systems In Place.
-Could be run Under Management.
-Loyal Long Term Employees
The owner is prepared to remain on for an extended period if required by the purchaser on terms to be agreed.
There are a limited number of suppliers of these services in Sydney and the business can be run under management so it is a good opportunity for an investor. Alternatively, anyone in the construction or project management industry would be able to manage this business or it could be a “bolt on” to existing companies in the civil engineering industries.
Asking Price: $2.5M for the assets and goodwill of the Company.
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