Business Under Offer Western Australia
Business Category Civil-Construction
Under Contract / Offer
Description
Leading The Field: Specialised Civil Services Company
This rock solid business is Western Australia's premier provider of specialty civil services. The go-to contractor for public and private sector projects across the state.
Net Profit - $1,107,616 pa
This business operates statewide Western Australia and is the first port of call for all of the major civil, Local Government and Main Roads contractors within Perth and Western Australia.
The business has confirmed forward orders totalling between $2.0ml – $3.0ml with outstanding quotes awaiting customer approval valued between $3.0ml – $4.0ml.
Reason for Sale
One of current owners is seeking retirement, while the other partner is prepared to stay-on for an extended hand-over and training period.
About the Business
It is rare that a business like this that ticks all the boxes comes to the market.
A major portion of the asking price is made up of $2,800,000 plant & equipment.
Their team of skilled professionals leverage cutting-edge technology and industry-leading practices to service an impressive array of blue-chip clients.
This rock solid business stands as Western Australia’s premier provider of civil services, offering a wide range civil works. The business has established itself as the go-to contractor for both public and private sector projects across the state.
They are the trusted choice for clients seeking top-tier civil construction solutions in Western Australia.
Established in November 2010, this company has been a prominent fixture in the industry for over 14 years.
Works delivered range from large-scale infrastructure projects to smaller developments.
Our diverse client base includes:
– Government Agencies – 16 Local Government Councils – Main Roads Authority
– Tier 1 Infrastructure Corporations – Tier 2 Infrastructure Corporations
– Private Sector – Medium-sized civil construction businesses – Small businesses – Select builders
We have approximately 150 repeat regular customers who engage with us on a consistent basis. Long-term clients who place repeat orders contribute to over 80% of our annual sales revenue.
The business maintains the most extensive and advanced plant and equipment inventory in the sector, enabling them to handle any job, no matter how complex.
The market outlook for our specialty civil services in Perth and WA appears very positive with a number of factors influencing growth prospects including government infrastructure investment:
– Forecast capital spending of over $10 billion in 2024/25
– 7% increase from current financial year
– 45% increase compared to 2022/23
The substantial forecast for the increase in infrastructure spending indicates a growing need for quality civil works across various sectors, positioning our company for continued growth and opportunities in both new construction and ongoing maintenance projects.
From a technical standpoint, our business is not overly complex. This simplicity allows us to employ semi-skilled labour for most tasks, with the added benefit of being able to train employees to handle more specialised and demanding skills as needed.
Our focus on strong, user-friendly systems ensures efficient and effective business operations.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.