Business Sold Brisbane QLD Region, Queensland
Business Category Building and Construction Engineering Manufacturer
SOLD
Description
Engineering Consulting Business Sth East Qld
Engineering Consulting Business Sth East QLD
This engineering Consulting business has been owned by the current owner for eighteen years and specialises in the design and documentation of various geotechnical, structural and civil requirements of residential, industrial, and commercial developments.
Due to its convenience and superior service quality and attention to detail, the business has established a strong position in the market, valued by its extensive client base composed primarily of architects and builders, accounting for between 60% to 70% of its clientele.
The majority of the business's projects are mid-rise developments with up to eight-storey residential apartments or high-end residential housing with an overall construction expenditure of between $5,000,000 and $10,000,000 million.
• The business is fully supported by seasoned engineers and drafting staff all collaborating to provide clients with the highest level of service possible.
• The company grew its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) by 22% from F.Y. 2020 to F.Y. 2021.
• Net profit 2021 $550k +
This business presents as an ideal business acquisition opportunity for a prospective purchaser with a construction industry background or as a bolt-on opportunity for an established construction business seeking to increase its market share.
Asking $899,000
Simone Simpson LREA
Licensee Executive Broker
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