Business Summary

FIRST TIME OFFERED SINCE 1977 RARE & OUTSTANDING OPPORTUNITY!

This concrete pumping contractor is renowned for being the largest "family owned" & operated business in the industry!

They have operated successfully for 45 years!

They are involved in the construction of many major landmark projects in Australia, and their large fleet allows them to service any size project.

The scope of works includes Commercial & Residential high rise, Retail Shopping centres, Industrial Developments, Civil Works, Road Works, Government projects Sporting facilities & much more.

There is potential to expand their services to include concrete placing & finishing.

They are a preferred provider to private sector & Government, with several Contracts in place.

As industry leaders their repeat business rate is over 75% - a testament to their longevity & success.

Key Features;

- Established in 1977 still under original ownership.

- Market leaders

- Highly trained & experienced staff

- Potential to expand into concrete placing & finishing.

- Current management team willing to remain

- Can be "Run Under Management"

- Owner is prepared to assist with extensive handover if required



WHAT YOU NEED TO KNOW;

- Asking Price; $5,300,000

- Turnover; $4,950,000 (2021 Financial Year)

- Adjusted Net Profit; $1,020,000 (2021 Financial Year)

- Monthly Rent; $7,260 (incl GST) + Outgoings

- Long Lease available to new owners.



Further information & financial history will be available after Confidentiality requirements have been completed.

Property Details