A well-established business of over 30 years of operation is now for sale. This business is the first choice of many Tier 1 contractors and it also carries its own direct contracts with clients. There is a CEO and middle management in place who have taken over the responsibilities of the current owners as they move towards retirement.
Working across the state, there are multiple projects underway at any time and Framework Agreements are in place and updated regularly. A staff of over 20 employees are supplemented by many local and FIFO contractors as required by each project.
Business highlights
A comprehensive handover will be provided on all aspects of the operation
There is considerable infrastructure work occurring across SA and this business is at the forefront of that. These types of businesses do not come along very often and with everything in place for continued success, now is the time to make your move into this exceptional operation.
Asking Price: $4.6mil which includes all plant & equipment, IP and goodwill. Stock and WIP will be at value of approx. $800,000