Perfectly suited to any construction company, large or small, wanting to break into the lucrative government supply market. Leveraging off reputation rather than spending years trying to build one provides a modern day bypass to future success through forward contracts.
2018 EBITDA sits at $2,537,583 from $12,999,772 in commercial construction. Average EBITDA over the 2016, 2017 and 2018 financial years sit at $1,675,192. Based on the mitigated risk associated with sitting on various government panels, forward books, a discount given for a private construction company a standard, midrange industry multiple of 2.6 - 3.2 times EBITDA is warranted.
The owners have enjoyed many years of major success, however, they have decided the time to retire has arrived. This gives you the opportunity to pick up a remarkable business with a proven track record with profits to match.
Only real expressions of interest to be submitted to Andrew, andrew@summitbusinessbrokers.com.au,
0418 676 400
