Business Sold Port Hedland, Western Australia 6721
Business Category Civil-Construction Marine Mechanics
Port Hedland mechanical, mining, engineering and marine services
SOLD
Description
Mechanical, Mining & Engineering Services, Port Hedland Wa. Profit $1.6m+
Providing an extensive range of industrial services to mining, engineering, infrastructure and port industries, this business is effectively UNDER MAMAGEMENT. This is a very well structured business with capable & motivated staff, strong client base and showing consistent growth in revenue and profit approx $1.6m with new revenue streams now commenced.
Servicing all the main players in the mining industries, Hedland Port Authority and other large industries around Port Hedland.
** Owner retiring **- we are seeking expressions of interest and firm offers on this well established business with growing revenue & profits from many large repeat customers.
This business is a locally based fixed plant maintenance company consisting of 36 staff including fitters boilermakers apprentices T/A’s, boat drivers and support staff.
Providing a wide service range including:
* labour hire
* shift cover
* marine services and maintenance
* mining equipment maintenance
* design & fabrication
* onsite and offsite maintenance
* specialist port maintenance
* painting & blasting
... and more
* Revenue - $9m+
* Profit - $1.3m+ 2021/22, $1.6m approx 2022/23
* Plant & equipment value - $2m
* Extensive high quality plant & equipment
* Hilux Utes - 30+
* 20t Crane
* Barges – 4
* Punts - 3
*Employees - 35+
* Client base includes major mining, logistics, infrastructure and Port.
Staff are locally based, not fifo workers, enabling the business to achieve faster turnaround of large contracts by eliminating the handover time required by fifo based businesses. This also ensures greater consistency of work quality and contributes to strong customer satisfaction and repeat business.
Well-equipped workshop combined with an extensive fleet of fully equipped vehicles, ensures servicing clients’ on-site requirements in a timely manner.
The business has the bonus of marine capability to further assist clients with their under-wharf requirements.
Very Solid business, this will not disappoint.
(EOI) Expressions of Interest are sought from interested buyers.
For a copy of a detailed Information Memorandum please contact: Damien Pike XXXXXXXXXX XXXXXXXXXX Martin Dabb XXXXXXXXXX XXXXXXXXXX
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This business is somewhat unique and has no similar competition in this region, category or price bracket.