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DealProspect/Listings/Construction & Trades

Established Contracting Business, Christchurch

Civil Contracting

ActiveConstruction & TradesCanterburyB2B & B2C
Asking price
$2,500,000
Disclosed · NZD
Revenue
$2,500,000-$4,000,000
TTM
Net Profit
$750,000-$1,000,000
Implied multiple
3.3×
asking / earnings
Brief
  • Contracting business operating across greater Christchurch and Central Otago, both areas showing growth in its sector
  • Long-standing reputation for high service levels
  • Employs a dozen full-time staff plus subcontractors as required
  • A senior staff member runs day-to-day operations, so the owner does not need to be full time
  • Operating systems are well developed and the plant, vehicles and equipment are in superb condition
  • The owner can stay on in a consultancy role for six months or longer if needed
  • A purchaser needs general management ability rather than specialist skills, as the business employs registered drainlayers
  • Can be based anywhere in the greater Christchurch area, and has traded with virtually no marketing