UNDER OFFER! - Land Rehabilitation/Revegetation Specialist For Sale
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
FY 17 Income to Owner $620K Sale Price $1.83m – property included, plus SAV.
The business has been operating for 20 years and is well established in the land rehabilitation industry, performing work for many 'blue chip' mining and industrial clients. The business is located close to major mining activity in the Hunter Valley where a number of large (and ongoing) projects are underway.
Forward orders are in place for work in FY's18-20 with revenue growth reliably forecast as a result. Half yearly indications are that FY18 results will exceed those of FY17.
Experienced and well educated staff in place
Major clients including Rio Tinto, Boral, Glencore
Could be run under management by existing staff
FY 17 Revenue $1.64m GM 73%
Leader in its field of land rehabilitation services
Reputation for quality, integrity & reliability
Mining industry currently in expansion mode
Owners work is primarily home/office based
Price includes standalone strata titled premises
Convenient location close to major customers
The vendor will provide a 3 month handover to introduce the new owner to suppliers and major customers.
This business is suited to a variety of buyers who are passionate about land conservation. The new owner could be an investor or someone looking to work hands on in the business or someone looking to integrate this business into a similar organisation.
The expanding nature of the mining industry, tightening Government regulations and audit requirements provide the company with significant future opportunities.
The business is for sale for $1.83m which includes Goodwill, the strata titled property, fixtures and fittings and an extensive list of Plant and Equipment. Stock at valuation will be an additional cost and this is anticipated as being in the region of $250-400K.