Leading Local Building Company- Central Coast, NSW

Business ID: BS144851

Builders License May Not Be Essential For Purchaser. FY20 Adjusted PEBITDA $667K, Increase On Track For FY21. Return on Investment < 15 Months, Offers over $800,000, Sale Required by Feb 28 2021.

Demand for secondary dwellings and income producing duplexes or dual occupancys is booming. This company has become the leader in its major area of operation as a result of being able to consistently deliver high quality dwellings, excellent customer service at industry leading prices.

The team in place is now achieving 50+ builds per annum and there is ample scope for further growth.

The companys high ranking on Google search ensures a constant and reliable stream of enquiries to maintain and expand on all opportunities in the residential building industry.

-4.9 * Rating on Google
-Extensive number of customer testimonies available
-200+ projects completed
-FY20 Trading Income $4.217m
-Contracts in place for $2m+ of new projects in the pipeline
-Around $90K of assets included.
-Experienced team in place
-Excellent processes and software in place
-Quality offices and warehouse available (300m2)
-Fair Rent $850pw

A 10% deposit is required prior to Due Diligence with balance payable on settlement. Vendor will provide a minimum 30 day handover with a further 4 weeks telephone/email support.

This is an opportunity that will provide an outstanding return for any buyer with significant additional profits available if the buyer has a builders license. Demand for secondary dwellings/duplexes/dual occupancies and income generating housing is being driven by an ageing population and extremely high housing costs in our major cities and towns.

This business is based in a central location that services all areas of the Central Coast, Lake Macquarie, Hunter Valley and Newcastle with existing homes in these areas tending to be on larger sized blocks making them suitable for homes, duplexes, dual occupancies and granny flat builds. The area also has significant new build opportunities on vacant land.

This is a great opportunity for an experienced Sales/Marketing professional, General Manager or Licensed Builder to quickly pay off the initial investment and capitalise on the momentum of this progressive builder of high quality homes.

Asking Price: Best offer above $800K will secure The Assets, Goodwill and Contracted Building Projects on hand.