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Asking Price$1,700,000
Revenue$2,572,000 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This unique business for sale specialises in water main construction or renewal, asbestos pipe removal & water main upgrades for land development works.

It is an accredited contractor with Greater Western Water, Yarra Valley Water, and South East Water for land developmental works. Current renewal contracts are in place until December 2023 with a further 2x2 option after this. With an abundance of work available this business is well-established and ready for a new owner to walk in and take over.

Established over 37 years this business has an annual turnover of $2,572,000.

The 2 owners currently work in the business, one on a full-time basis and the other on a part-time basis with 3 subcontractors as required.

Trading hours Monday to Friday 7:00 am - 3.30 pm.

Current lease of $1,200 PCM inc GST with a New Lease available.

Price includes Trucks, Bobcats, excavators, and the associated tools, worth approximately $300,000 in assets alone.

No specific qualifications are required but licenses to operate machinery are required.

This business is on the market because the owner is looking to retire. Do not miss this opportunity to acquire a profitable, well-established, and easy to run business.

For more information and to arrange an inspection please contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

REF: B14180
Sale Reason:Retirement
Ad #141856
Seller Reference #B14180
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Chris Panagiotidis
0433582533
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