Business Sold Brisbane QLD Region, Queensland
Business Category Building and Construction Engineering Manufacturer
SOLD
Description
Brisbane Based Civil Structures Subcontractor - Ride The Infrastructure Boom!
Revenue
$14,000,000 pa
Rent
$100,000 pa
Net Profit
$1,368,000 pa
Location Details
This business is based in Brisbane and services both urban and rural regions along the East Coast of Australia
Potential
Continue to capitalise on the increased level of public capital expenditure
Option to complete more projects as a Principal Contractor as opposed to a Subcontractor
Geographical expansion into other States & Territories
Skills
The projects typically undertaken by this civil construction business include bridges, tunnels, barriers, drainage structures, retaining walls, concrete slabs, water treatments and associated works.
The business has a team of highly trained staff including supervisors, formwork carpenters, concreters, steel fixers, rigger/dogman, scaffolders, labourers
Hours
Mon-Fri business working hours
Lease
Lease Expires 04/01/2026 - no current option for renewal but the premises are owned by a related entity
Employees
50+ employees
Reason for Sale
The founding owner is looking to transition to retirement and is open to discussion regarding ongoing involvement.
About the Business
Impressive $14m+ turnover
This business specialises in civil construction and has a trusted reputation for delivering quality civil concrete structures for public infrastructure projects.
Most projects are in the $1m to $5m range.
This business has built solid relationships with some of Australia's leading Principal Contractors and the Queensland Government and works primarily as a subcontractor to the Principal Contractor.
They have a highly skilled and motivated workforce including carpenters, concreters, dogmen, scaffolders, steel fixers, supervisors, and engineers.
The business is committed to providing customers with exceptional workmanship by maintaining the highest safety, environmental and quality standards.
ISO certifications have enabled the business to tender on projects involving scope outside of the disciplines previously offered and have increased the client universe.
The certifications will positively impact revenue due to the ability to supply all the materials moving forward (previously the business provided labour only)
History
The founder of this business has 35+ years experience in the construction industry, working for some of Australia's largest construction companies in Australia and overseas.
This business has a proven track record of delivering quality civil structures over the last 15 years.
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