Specialist Dredging Services to Tier One Miner
Engineering
ActiveManufacturingWestern AustraliaB2B
Asking price
$2,800,000
Disclosed · AUD
Revenue (est.)
~$3,653,093
Estimated · comparable listings of this type and size
EBITDA
$933,000
Implied multiple
3.0×
asking / earnings
Brief
- Wet-hire provider of state-of-the-art dredging equipment to a Tier One mining customer
- History dating back over 30 years
- Custom-designed, manufactured and maintained dredge with estimated replacement cost circa $1.5m-$2.0m
- Natural barriers to entry as the asset is not an off-the-shelf product
- Simple to operate, requiring minimal staff to assist the working owner
- Suits an owner operator or a larger mining services company
- High-demand industry
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