- Business Description:
Plant & Equipment valued at $1,300,000+
Asking price $1,400,000This family owned and operated Drilling and Boring services business specalises in the installation of underground communication and electrical infrastructure for Utility Providers, Civil & Construction Companies and large Electrical Contractors.
Operating for over 27 years, the business has the skills and expertise to offer a wide range of services including, Horizantal Directional Drilling, Underground Boring, Trehcnless Technology, VEDN Conduit Installation etc.
Business Highlights include:
– On a closed panel for large energy provider
– Well established reputable business
– Strong reputation for delivering projects on-time and on-budget
– Team of skilled and motivated employees
– VEDN and VESI accredited
– Accredited to work within major energy provider’s networks
– Impressive blue-chip client base
– Excellent inventory of quality, well maintained plant & equipment
– Solid order bookThe business has traded strongly throughout the COVID crisis with FY2020 figures up on FY2019, and is in a strong position to take advantage of the anticipated post COVID infrastructure projects.
Due to a change in family circumstances, the vendor has recultantly decided to put the business on the market.
This is a perfect bolt-on opportunity for a complementary business or a smart acquisition for a competitor.
If this is an opportunity that interests you, please contact Anne Barritt to discuss further on 0402 448 584 or by completing the enquiry form. On completion of a confidentiality agreement and only following initial screening discussion with suitable parties, an Information Memorandum can be provided.
Images displayed are illustrative only and not images of the business itself or business equipment.
