Mainly working in civil, mechanical & electrical contracting in commercial, industrial & Heavy Industrial, this business has had significant organic growth which has seen the business grow exponentially.

Based in 2 locations in South Australia, this acquisition would be the perfect bolt on to an existing operation to expand their market share as an industry leader or an interstate business looking to add their services in South Australia.

Their capabilities include crane, rigging & scaffolding, electrical construction and installation, mechanical fabrication, Installation & civil works, purpose-built buildings and electrical switch rooms & remediation.

A certified Integrated Management System with endorsed Safety, Quality and Environmental plans is in place.

Key Financial Points :

Trading Revenue
$8,256,624 F20
$10,248,306 F21
$16,273,547 F22
$9,006,953 F23 (Jul-Dec 22)

EBITDA
$ 1,485,799 FY22

Goodwill
$2,416,595

Plant and Equipment (At Current Market Value)
$1,250,000

Company Balance Sheet Value
$4,383,386

Total Sale Price (For 100% company shareholding)
$6,700,000

Total Sale Price for traditional Business Asset Sale
$3,310,000