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Waikato Civil Contractor $600K+ EBPITDA

Waikato - Address withheld

Services & Professional
dollar

$1,600,000 Plus GST (if any)

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Business details

Listing # 36465 | Listed on 9 April

A quality opportunity to acquire a well established civil construction company with long standing relationships across the Central Plateau / Waikato region, including council.

This business delivers a mix of roading, pavements, drainage, civil structures and reinstatement works for local authorities, major national civil contractors and a diversified local client base with clear growth opportunities.

Revenue has averaged north of $2.5M for the past three years, and gross margins north of 65%. Forward workload remains solid, with an indicative figure of around $500k of work on a rolling basis, supported by a further pipeline based around preferred contractor arrangements and repeat customers.

Key features include:

  • Proven profitability through changing market conditions, with strong gross margins compared to typical civil benchmarks.
  • Preferred contractor status with the local district council and repeat work with major civil contractors on regional infrastructure projects.
  • Diverse service offering across roading, drainage, reinstatement and site works, well suited to maintenance and minor capital programmes.
  • Lean, flexible operating model with an experienced crew

This opportunity will appeal to regional and national civil contractors seeking a Central North Island foothold, or an experienced operator wanting a high quality, relationship driven contracting business in a growing regional centre. The vendor is open to a negotiated transition period to support handover of key relationships and operational knowledge.

Investment required $1,600,000 (plus stock, plus GST if any).

Contact Isaac - 022 393 6531.

For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36465

“B.I.V. QUALIFIED” reflects ABC's preliminary assessment only. Buyers must seek independent advice. Visit abcbusiness.co.nz/legal-stuff/ for more details.

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