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Queensland based services business with local and state govt contracts

QLD
Construction
Established for over 15 years this exceptional business holds major government contracts and is one of the largest of its kind in Australia.
Asking Price: $8,000,000

About the opportunity

With the current owner looking to retire the opportunity exists for a new owner to acquire a 100% shareholding in this very well-positioned company.

Further detailed information on this business is strictly confidential will only be provided to qualified individuals after completing our confidentiality agreement.

Key Points :

  • Gross revenue (2021) $15,583,906
  • The normalised EBITDA for the 2021 Financial Year $2,288,373
  • The company holds major service contracts with local and state govt departments
  • The company’s net balance sheet value is $6.83 million
  • The company’s cash and cash equivalents currently exceed $3 million.
  • Plant and equipment has a current fair market value of $5.49 million.
  • Current good-will has been conservatively appraised at $1.9 million.

 

A 100% shareholding in the company is available for purchase for $8,000,000.

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