South West Vic Excavations

About the business

Invest in a highly profitable bolt-on with instant profit and great strategic value providing civil construction and earth moving projects to Geelong and South-West Victoria.

Services include road works, precision work, bulk earthworks, subdivisions, dam construction, earthmoving, drainage, water, and sewer using excavators, bobcats, graders, tip trucks, and roller machinery.

This South West Victoria Excavations company is 41 years established and has developed concrete client relationships from upholding high standards, strong work ethic and professional tenders, ranking them higher in their field. The business is an approved supplier and an approved contractor with various government departments and Tier 1 Contractors, including:

• Barwon Water (Sewer 1S, 2S and Water 1W, 2W, 3W)

• Colac Otway Shire

• DEWLP

• Vic Roads (prequalified contractor R1, F1, G1 & M1)

• Downer

• EOI Works Pty Ltd

• BMD

• Fulton Hogan

• John Holland

• SWA

• Symal

What makes this business successful?

The company specialises in civil construction, earthmoving and personalised environmental excavation. They have many types of machinery for a wide range of applications that qualify them to take on large scale operations and smaller. Customers know the business name, and their intellectual knowledge means that they often work with government bodies for specialised projects. Their reputation is highly regarded, and this makes them sought after throughout the South West Victoria region.

What is the investment opportunity?

This business sale presents an excellent opportunity for an existing civil engineering company to purchase a profitable bolt-on with instant profit and great strategic value. There is an extensive list of Plant & Equipment and, tools, and accessories found in the later Due Diligence document. The machinery, vehicles, and trailers are in excellent condition to expand and enable specific civil excavation processes.

There is significant value in the current (9) nine local employees and their knowledge and expertise. You will find in the Due Diligence, employment contracts and positions descriptions.

The industry is gearing up to meet the G21 Government investment criteria' demands of over $1 billion up until 2025. We foresee some companies merging to meet the needs of these projects.

The G21 plan offers the purchaser an excellent opportunity to grow and expand the business to cater to more sub-contracting or control contracting by specialising in this area. With a more significant fleet and workforce, a new buyer will be able to take on certain aspects flowing on from tenders, such as maintenance, specialising in work previously let out or not tendered.

With assets valued at around $2.4 million, this business's purchase is regarded as a safe investment. Buyers who want to invest in this industry should consider buying the company shares and keep things operating as they are.

If you are looking for an excellent strategic bolt-on that will place you with the right contacts, current contracts, staff, and equipment to get your foot into the Greater Geelong and South West Victoria expansion, then enquire now.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Information Memorandum and Market Review.

Price $2,890,000 includes plant and equipment

Finn Business Sales
Geelong and South West Victoria
(03) 5259 9970

Broker: Alan Wood
0400 792 811
alan.wood@finnbusinesssales.com.au

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