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