Mining and Resource Services and Hire Business

Mining and Resource Services and Hire Business — Services · Perth · Asking $5,500,000 · Net Profit $1,600,000

Provides dredge contracting services, plus lease and sale of coffer dams and dredges, and consumables to the mining and resource sector Revenue mix approximately 60% dredge contracting, 25% lease/sale of coffer dams and dredges, 15% consumables Low employee requirement; multiple exclusive distribution agreements in place Services blue-chip clients across mining, resource and local government…

DealProspect/Listings/Services

Mining and Resource Services and Hire Business

Equipment Hire

ActiveServicesWestern AustraliaB2B & B2G

Find funding for this deal →View original listing ↗

Asking price

$5,500,000

Disclosed · AUD

Revenue (est.)

~$4,000,000

Estimated · comparable listings of this type and size · typically within ±35%

Net Profit

$1,600,000

Implied multiple

3.4×

asking / earnings

Brief

Provides dredge contracting services, plus lease and sale of coffer dams and dredges, and consumables to the mining and resource sector
Revenue mix approximately 60% dredge contracting, 25% lease/sale of coffer dams and dredges, 15% consumables
Low employee requirement; multiple exclusive distribution agreements in place
Services blue-chip clients across mining, resource and local government sectors
Approximately 50% utilisation of capital assets, indicating scope for growth

How it compares

Equipment hire businesses in Western Australia · asking prices

38% above past equipment hire businesses like it

Past equipment hire businesses like it ask a median 2.5× earnings. On its $1,600,000 earnings, that points to about $4,000,000; reads like this are typically within 25%, so $3,000,000 to $5,000,000. It asks $5,500,000.

Asking price: $5,500,0005.1 times the median of $1,075,000
Time listed: 126 daysno price change

Equipment hire businesses in Western Australia

Equipment hire businesses for sale in Western Australia (9) →

Listed

active

Median asking

$1.1M

8 priced

Earnings multiple

1.9×

100 listings

Asking price spread8 of 9 state a price

This listing · $5.5M

13%

25%

13%

25%

13%

$100K–$250KOver $5M

Australia 65 · Queensland 25 · New South Wales 10 · Victoria 9

Manufacturing businesses 32 · Childcare centres 29 · Automotive workshops 27 · Cafes 26 · Restaurants 25 · Wholesale and distribution businesses 25

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