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High Profit - Bitumen Repairs

Offer circa $1.2M

South East Queensland Region, Queensland

High Profit - Bitumen Repairs

HIGH PROFIT - BITUMEN REPAIRS CENTRAL QLD

• Profitable work in a specialised field, road making/repairs - small scale
• Council, commercial + residential clients 80% repeat business
• Preferred supplier status in two shires
• Static and mobile business in demand across Central Qld.
• Strong consistent profit, non mining related
• No advertising, no website


This stable, profitable, small scale civil business provides a range of specialised services to councils, large civil construction contractors, developers and residential clients.

Enjoying preferred supplier status in two council shires, this business boasts 80% repeat revenue from over 60 clients.

Plant and equipment is well maintained and relatively inexpensive to replace, keeping capital expenditure low.

The majority of work undertaken is within 60Kms of the office, however demand for lucrative specialist work will see this business mobilise over a larger territory.

Utilising a combination of permanent/casual labour plus contractors, this business provides a high quality of finished work under the guidance of the current owner.

Forward bookings through FY20 are impressive and more staff will be added as demand continues to increase.

Retirement brings this business to market at a time of opportunity in the region and this very profitable business is poised for further expansion under control of a new and enthusiastic owner.

The current owners are committed to a smooth transition and are offering a generous assistance period if required post settlement.

Expected sale price range is $1.2m, which offers a net return greater than 50% for an operational owner or can be easily and profitably run under full management.

For Sale: Offers circa $1.2M

Contact: Jeremy Bycroft on 07 5444 3300 or email jeremy@savvybusiness.com.au

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Last updated: 12th February 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 South East Queensland
State
 Queensland
Price
Offer circa $1.2M
Category
  • Civil

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Agency

Savvy Business Sales

Savvy Business Sales

Contact

Jeremy Bycroft