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Listing Id: 32769 Last Refreshed: 02/09/2024 Total Views: 308

Government Contracted Construction Business For Sale

Melbourne City, MelbourneBuilding and Construction
Asking Price: $1M - 5M
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $5,000
  • Rental Desposit N/A
  • Revenue $819,166
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

n/a

Description

For sale: A highly profitable construction business with a stellar reputation, established for over a decade and exclusively servicing council and government contracts. This business boasts secure, long-term contracts with reliable payment arrangements, generating a consistent turnover of nearly $10 million per annum.

Fully under management, the business operates with a complete, experienced crew, allowing for a seamless operation without the need for the owner to have construction industry knowledge or skills. The current owners are committed to providing a comprehensive handover, and are open to a long transition period to ensure continuity and stability.

All existing contracts are secure and will be transferred with the sale, making this an exceptional opportunity for investment groups seeking a reliable income stream within the construction sector or for existing construction companies looking to acquire a stable, cashflow-positive business.

This is a rare chance to step into a fully operational and profitable enterprise, with the foundation already laid for continued success and potential future growth.

Contact Elle Likopoulos and her team on (03) 9566 7300 or at elle@absolutebb.com.au to obtain further details.

Ref: B14759
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