About the Business

With a history dating back to 1987, a partnership grew out of this in February 2008 intending to construct medium-sized residential subdivisions and similar works involving earthworks, drainage, sewerage, water reticulation, and pavements. The philosophy of the company is to limit the number of projects under construction at any one time to a quantity where the directors can be personally involved in the planning and supervision of all works.

Revenue

$6.3 million

Net Profit

$1.3 million

Potential

The building and construction industries did better than expected in dealing with the disruptions of 2020. The forecasts predict an even stronger outcome in this decade because of the housing shortage which is a significant contributor. The industry is punching above its weight in the recovery.

Infrastructure spending in areas including electricity supply, water, and railways is expected to benefit from enlarged infrastructure delivery programs being rolled out by commonwealth and state governments. Government spending and investment in providing social infrastructure and other essential services have been ramped up, increasing work forecasts in ad hoc categories of building, including other commercial and miscellaneous, as well as in health and aged care.

Skills

An understanding of projects and their management.

Hours

Monday – Thursday 6:30 am – 5 pm

Friday 6:30 am – 3 pm

Saturday 6:30 am – 1 pm (as required)

Sunday Closed

Lease

Weekly tenancy of $200 p/week so it can be moved and amalgamated.

Location

Logan region and surrounding districts

Employees

7 staff and 2 owners.

Reason for Sale


Retirement.

About the Business

This civil engineering and construction company operates in Southeast Queensland. They have completed projects in Brisbane, Logan, Gold Coast, Scenic Rim, Ipswich, and Toowoomba, specializing in subdivisions and similar projects.

With a track record of successfully delivering projects of a high-quality DP this business always aims to exceed the expectations of its clients and has managed to do so for many years. They achieved this by focusing on developing their workforce through education, providing a safe working environment, and working in an environmentally responsible manner.

They have access to all the knowledge, skills, tools, materials, and equipment necessary to complete projects and own a range of plant; including excavators, backhoes, graders, and rollers.

It is an ideal acquisition for an industry player to increase their presence and results in the Southeast Corner or someone with the skills to begin or extend their careers in this very secure and strong industry knowing that it has a great history.

Sale Price

$3.9 million