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Underground Asset Management & Vacuum Excavation Business for sale in queensland

Underground Asset Management & Vacuum Excavation Business | $4M 2026 Sales | Under Management

QLD
Construction Services/ Building Services, Under Management
This is a rare chance to buy a highly profitable infrastructure services business with a strong position in regional Queensland. Founded in 2008, the business is a leading provider of underground asset management services.
Asking Price: $5,500,000

About the opportunity

It runs from three branches across the Wide Bay and Central Queensland regions. Its name in the market is built on safety, compliance and quality work, and it meets mine-site compliance standards.

The business is fully under management. It has a skilled management team, trained field technicians and documented systems, so the owner doesn’t need to be involved day to day. That makes it a good fit for a strategic buyer or an operator looking to expand into a new region.

 

Strong, growing financials
  • FY2026 revenue: $4,013,663 & adjusted net profit: $1,607,327 (40% margin)
  • FY2025 revenue: $3,532,366 & adjusted net profit: $1,188,886
  • Revenue has grown more than 80% since FY23

 

Essential, non-discretionary services
  • Underground cable and pipe locating, including ground penetrating radar (GPR)
  • Hydro and vacuum excavation (non-destructive digging)
  • Surveying and underground utility mapping
  • Fault finding and leak detection
  • Drain cleaning, pipe and culvert jetting, and CCTV pipe inspection
  • Equipment hire

 

Blue-chip, repeat client base

The business has been a preferred supplier for several years to local government, state road and rail authorities, energy and water utilities, major civil contractors, and tier-1 mining companies in the Bowen Basin.

 

Key highlights
  • 17 staff including experienced management, field technicians and administration support.
  • $2.5M modern fleet included in the sale, comprising vacuum excavation trucks, six GPR systems and fitted-out survey utes.
  • Three strategic locations across Wide Bay, Central Highlands and Rockhampton.
  • Flexible lease arrangements with related-party ownership; total rent of approximately $157K p.a.
  • Strong demand driven by safety requirements, infrastructure investment and mining, with limited major competition.
  • Significant growth potential through expansion into NSW and VIC, additional geospatial services and securing longer-term utility and major contractor contracts.

 

Ideal buyer

Ideal for a private equity group, civil/utility/engineering services business seeking geographic or service expansion, or an experienced operator seeking a profitable, established business with minimal owner reliance.

 

Asking Price: $5,500,000 (includes approx. $2.5M of vehicles and equipment)

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