30+ years - Mining Earth Moving - Profit circa $1.15m

18 days ago

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Reece O&#;Sullivan
 

Internal Ref: business4789

Summary

Looking for a profitable business with Tier One clients? First time offered in over 35 years this Earthmoving and Wet Hire business provides a range ...

About the Business

Looking for a profitable business with Tier One clients?

First time offered in over 35 years this Earthmoving and Wet Hire business provides a range of Civil, Mining and Exploration services to some of Australia's Largest companies.

Currently operating under contract terms with a multi-billion-dollar mining conglomerate, the business has been scaled down to a nice manageable size as the owner is looking towards retirement.

Profits are significant with 2024 projected profit to the owner at $1.146m, however they were just over $2.0m in 2023 when the owner decided to take on more staff and work is ever present in the area.

A team of 4 machine operators working a FIFO roster mean this is a simple business to manage for either an owner looking for their first business or a larger operator looking to bolt on for some mining exposure.

Asset value of circa $1.690m included in this sale mean a small amount of Goodwill valued at $710k. It will be hard to find an opportunity to match this.

Priced at $2,400M WIWO

Register your interest

Contact the exclusive broker direct:

Reece O’Sullivan
Business Broker
Benchmark Business Sales and Valuations
M: 0419 198 584
T: 1300 366 521

Benchmark Business Sales and Valuations

Please ensure you have the necessary capital or equity before expressing an interest in this business.

The images shown are for illustration purposes only and may not be an exact representation of the business.

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