This residential construction company operates in south-west and north-west Sydney and has been in operation since August 2008. It specialises in new home construction, in particular project homes in the Western Sydney Priority Growth Areas. The Sydney North West and South West Priority Growth Areas are projected to continue to boom with around 33,000 new homes to be delivered in the North West Growth Area over the ten years from 2017 and they currently have 34 projects under construction with further secured contracts to build 62 houses in the coming months at a combined value of the current and secured contracts of circa $38.5 million (incl. GST).
The business has an established business infrastructure, a capable project delivery team and strong relationships with its major suppliers, subcontractors and consultants as well as developers operating in the region. Their main goal is to be a leading regional builder, not just in terms of quantity but also in house quality, sustainability, contemporary designs, modern features and affordability.
- Experienced and effective management team in place for a seamless transfer of ownership. Extensive support period will be available to ensure a smooth transition and minimal disruption.
- Strong, well-established name that is respected in the industry by customers and competitors alike for their top-quality builds.
- Secure contracts to build 62 homes in the coming months valued at circa $34 Million which will provide security, cash flow and profits for a new owner.
- Excellent relationships and agreements in place with the main suppliers and contractors – fantastic relationships endure.
- Customers pay promptly with contractual progress payments thus ensuring ongoing working capital.
- Forecast high number of further land releases and high industry growth in the targeted areas.
- Extremely profitable business with sound financials and tax returns available to support the figures.
- Display home in place for marketing purposes.
- Excellent systems in place to manage the business and ongoing projects.
- Current Status: Listed for Sale
- Code: RN 617
- Category: Non Food
- Type: Construction of residential homes
- Location: Western Sydney
- Sales: $10,984,333
- Period: Annual
- Net Profit: $1,300,526
- Rent: $52,000
- Price: $3,600,000
- Long Financials: Tax Returns available for due diligence
- Staff: 8
- Lease: New lease available