Specialist Dredging Business, Tier One Mining Client
Engineering
ActiveServicesB2B
Asking price
$2,800,000
Disclosed · AUD
Revenue (est.)
~$3,882,647
Estimated · comparable listings of this type and size
Earnings
$933,000
Implied multiple
3.0×
asking / earnings
Brief
• Specialist engineering business servicing a Tier One mining client • Primary asset is a custom-designed, purpose-built dredge maintained to a high standard, with a substantial replacement cost • Natural barriers to entry as the asset cannot be easily replicated • Simple to operate with minimal staff assisting the working owner • Suits an owner-operator or a mining services company expanding its offering • High-demand industry with a long trading history
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