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Building & Construction business for sale in Canberra Airport

  • Building & Construction
  • Canberra Airport ACT 2609
  • $1,300,000 (GST na)

Canberra-based residential construction business

Canberra-based residential construction business

Offers above $2,0000,000 - buyer proof of finance required before the release of information can be provided. Please email interest in the business outlining how you would fund the purchase.

In 2020-2021 the business achieved annual sales of $7,000,000 and has signed agreements with deposits taken for 2021-2022 financial year showing confirmed turnover of $10,000,000.

The business consistently generates 5 A class leads a week. The medium value of a project is $250,000 with an average GP of 20%.

The business generated an annual profit of approx. $400,000 in 20-21 and has no significant debt.

While the profit as a % of turnover is lower than the industry benchmark, the business has significant staffing resources and manages the entire project life cycle in-house.

As a means of successfully transitioning ownership and transferring the signed MBA agreements would be via the sale of shares in the company.

In addition to the $400k in dividend profits, three owners receive approx. $100,000 each in wages and owner benefits.

Working capital requirements would be $500,000. This is the start-off cash required to be able to run the business successfully.

The business runs from leased premises in central Canberra.

The owners are prepared to vendor finance $500,000 of the purchase price under the basis component allocated to working capital requirements.

Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

Business Highlights

Business ID2017155290
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Last updated  26 Jul 2021
Map for Canberra Airport ACT 2609
Map for Canberra Airport ACT 2609Canberra Airport ACT 2609
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Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

Business Highlights

Business ID2017155290
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  26 Jul 2021
Capital Commercial Business Sales
Level 2, 80 Emu Bank Belconnen ACT 2617
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales
Capital Commercial Business Sales

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Capital Commercial Business Sales

Capital Commercial Business Sales

Capital Commercial Business Sales

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