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Insurance Repair Building Business, Northern NSW

Building & Construction

ActiveConstruction & TradesNew South WalesB2B & B2C
Asking price
$1,300,000
Disclosed · AUD
Revenue
$4,500,000
TTM
Profit
$480,000
Implied multiple
2.7×
asking / earnings
Brief
  • Building repair business specialising in insurance work, based in a fast-growing area of Northern NSW.
  • Trading in the building industry for 40 years, including close to 10 years specialising in insurance repairs
  • Handles a mix of residential and commercial repair work with a steady pipeline of jobs
  • Recurring demand from insurance-related and storm-damage repair work
  • Both owners currently active in the business, covering admin and operations
  • Option to extend trading into Queensland with appropriate licensing
  • Vendors are flexible on handover length ahead of retirement