Civil Contracting Business for Sale Bay of Islands

Description

Business type: civil construction business

Location: Bay of Islands, New Zealand

Current status: established operating business

Trading history: more than 25 years

Asking price: $2,200,000

Tangible assets included: approximately $1.61 million

Financial information

Owner-operator cash surplus: approximately $400,000

Profitability: reported as profitable

Forward work: booked approximately 3 months in advance

Services

• Roading
• Rural surfacing
• Retaining walls
• Sea walls
• Boat ramps
• Earthworks

Customers and market

• Local builders
• Developers
• Residential customers

Customer relationships: established

Repeat work: stated as strong

Regional demand: stated as increasing

Market reputation: stated as strong

Staff and operations

Full-time employees: 5

Employee tenure: long-standing

Contractors: used as required

Current advertising activity: minimal

Assets included

Total asset value: more than $1.6 million

Tangible assets included in asking price: approximately $1.61 million

Civil construction plant and equipment: included

Quarry and material supply

Quarry site: leased

Quarry material: greywacke

Quarry supply: certified according to the source

Gap40: available

Other metal grades: available

Material supply: supports internal availability and cost control

Expansion options

• Increase digital marketing activity
• Increase local marketing activity
• Expand builder and developer relationships
• Increase utilisation of existing plant and equipment
• Build on regional development demand
• Increase civil construction project volume

Potential buyers

• Experienced civil construction operators
• Existing construction companies
• Earthworks contractors
• Infrastructure service businesses
• Strategic industry buyers