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Afs Permanent Formwork Construction Business
Location: Australia -> Keilor East
Industry: Business Services > Construction




Business Summary

* UNDER OFFER *

This is a multi-million dollar building and construction business for sale . The Company installs Permanent Formwork panels (AFS) which are concrete filled onsite, it also works very closely with the Panel Production design teams.

This business liaises with architects, manufacturers, Structural Engineers, Builders and Developers to design proprietary Permanent Formwork panels needed for construction of Concrete Structural walls and install the panels according to specification.

The panels are manufactured in Australia under Licence by CSR to the specifications given by this company, and then the onsite team of qualified workers install the panels on site, place steel reinforcements in to the wall and core fill with concrete.

Established 16 years, the business has a solid turnover of approx. $4,05 million per annum. It has offices north west of Melbourne in Keilor with rent of $2,200 per month including GST. A new lease is available.

Current owner only works in the office, and does not do any site work. There are 12 full time staff - which includes a full time office manager and four site managers.

This business is run under management with qualified and experienced staff, so new owners do not need experience.

The business has 2 crane trucks (one 2 tonne and one 3 tonne ) and 4 UTEs with tool boxes - their inclusion in the sale is negotiable.

This business has built up a solid reputation in the industry and has strong relationships with construction companies. It does not do any advertising, so there is huge potential for an entrepreneurial new owner to increase turnover with some strategic advertising.

For more information, contact Chris Panagiotidis 0433 582 533 or Elle Likopoulos on 9566 7300.

REF: B13774


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $4,045,802
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Retirement




Print Listing Id: 700357836
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