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Asphalting Business Road Construction And Repair Niche Business For Sale

Ballarat, Victoria, Australia
Asking Price:
$3,300,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$5,668,373 (AUD)
Cash Flow:
$1,156,445 (AUD)

After 25 years, the owner is retiring and wishes to sell his central Victoria road building, repair and asphalting business.
As the purchaser, you will be getting a vast compliment of road construction vehicles and equipment. The business currently employs a large number of experienced road construction and asphalting personnel.
Currently, the business services many government and private clients, with a solid pipeline of profitable work.
The business operates five days per week from a well equiped 2-acre site with ample shedding, workshop and administration space. The site has very easy access to the main highway making accessing all Central Victoria efficient and quick.
The suitable buyer would ideally have a background in large machinery operation or civil construction and/or asphalting.
• This would be a great step-up business for a small operator who wants to grow their business and dominate this market. Move from driveways and playgrounds to car parks, roads and commercial/residential developments.
• The business would also suit a large operator who wants to gain traction in Central Victoria in the civil engineering space or road construction business.
• As an add on business for residential or commercial developers, this business would be perfect. It would give them control over the civil construction of their developments, enabling them to gain a first to market advantage over their competitors.
There is a large amount of supporting information in the form of an Information Memorandum.

Property Information

Real Estate:

Lease

Lease Terms:

To be advised

Leasehold Rent:

$73,632 (AUD) per annum

Location:

The business is situated in Ballatat and services a large proportion of Western Victoria

Premises Details:

The business is situated on two acres of land which has a large shed with extensive workshops and admin block 1092m2 .

Size in square feet:
8000 m sq
Planning Consent:

All planning requirements are in place as the business is currently trading.

Business Operation

Expansion Potential:

The business services the private and the government sectors. There is extensive work available as evidenced in the growth in turnover of the business in recent years.

Competition / Market:

This business is unique in that it is one of the few medium size road builders and repairers in the region.

Reasons for selling:

The owner is retiring

Trading hours:

7.30am to 4.30pm

Employees:
18
Years established:
28

Other Information

Support & training:

To be negotiated

Financing available:

None

Furniture / Fixtures value:
$2,150,000 (AUD) - included in the asking price
Website:
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