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Business ID BS8255

Road Maintenance Business For Sale. Govt Contract In Place

Av Income to Owner $240K+ pa Sale Price $458K

The business has been established for 20 years and has been operated by the current owner for the last 10 years.

The business provides bitumen laying services, excavation and site levelling, patching and minor road and pavement profiling work up to a value of $150,000. Revenue is largely council based and the new Central Coast Council is now the 3rd largest Council in NSW. The company holds a place on the Local Government Procurement Contract and receives regular requests for services from this. Products and services are also provided to strata developers and the general public.

BUSINESS HIGHLIGHTS

  • Government Contract in place

  • Repeat work from local strata developers

  • Quality Assurance Certification to ISO14001:2004

  • Long serving experienced staff in place

  • Business can operate without daily owner supervision

  • Approx $180K P&E included in sale

  • Administration can be performed from a home office
  • 
Low cost premises in place for storage of P&E

  • Mon - Fri Operation 7am - 3.30pm

The owner and his wife plan to retire and will provide a 3 month transition period to fully facilitate the transfer of the business, staff and customers to new ownership.

The business is a solid performer with channels of repeat work in place. The size of the business has deliberately been constrained to its current level and number of staff and there is genuine scope for expansion if this is desirable to a new owner.

The business is for sale for $458,000 and this includes all Plant and Equipment and Goodwill.



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Business Sale Price:
$458,000
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