Location:
Regional WA > Western Australia
Investment level:
P.O.A
Type:
Business
Industry:
Commercial Services > Automotive & Marine > Mechanic
Regional mechanical services business
An excellent opportunity to acquire a large and well-established regional Western Australian based mechanical services business specialising in the maintenance, repair and support of mobile heavy diesel equipment and vehicles. The business primarily servicing the mining, transport, construction and agriculture sectors. This includes scheduled maintenance, breakdown repairs and specialised mechanical services both on-site and in-house, including a high level of repeat business.
It operates from a fully equipped workshop facility and is supported by a team of mobile field service technicians who attend client sites as required. The owners have focused on building a business centred on technical capability, reliability and strong customer relationships, resulting in a stable and diversified customer base.
An experienced operational workforce is in place, and the Sellers are flexible regarding the transition and willing to meet reasonable handover requirements to assist a smooth transfer of ownership.
The business is supported by established systems and procedures, together with the relevant certifications/accreditations and authorised service arrangements with recognised equipment manufacturers and suppliers.
There remain opportunities for further growth, particularly through increased tender activity, expansion of service offerings and engagement with larger clients.
Revenue has consistently been between approx $13m and $15m per annum. The value of the stock is currently circa $1m, while VP&E have been independently valued at circa $2.5m, plus additional diagnostic equipment of circa $600k. EBITDA has consistently been between approx $1.5m and $2m per annum. Further financial information is contained within the Information Memorandum.
The business could be an attractive bolt-on acquisition for an aligned operator seeking to expand into regional WA while complementing or broadening their existing service/product offering or for a group seeking to acquire a well-established business within the industry, with scope to further grow and expand the operation.
This business is being offered for sale by Expressions of Interest.
An IM is available to interested parties upon completion of the CA and Questionnaire via our website. Given the confidential nature of the transaction, access to the IM will only be granted to parties approved by the Sellers. Potential Purchasers are requested to confirm finance qualification before progressing and should provide relevant details when submitting the form.
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