$950K in owner earnings from a business that hasn't spent a dollar on advertising in 10 years. Two trained teams, commercial contracts with major builders, and a compliance-driven service that construction literally can't proceed without. Revenue up 95% in two years.
Floor levelling isn't optional — it's a regulatory requirement. Builders face liquidated damages if floors don't meet tolerance standards. This isn't a "nice to have" service. Construction literally stops without it.
$1.32M in FY21 to $2.59M in FY24. That's 95% growth in three years — driven by a strategic shift into commercial and high-rise work, not marketing spend. This business is growing on reputation alone.
No Google Ads. No SEO. No paid marketing of any kind. Work comes from builder relationships, reputation, and repeat business. The entire marketing budget is currently untouched upside.
Two fully operational teams of experienced tradespeople, with 4+ years tenure. Each team runs jobs independently — from site prep through quality control. You're buying a workforce, not building one.
QBCC licensed with robust SWMS documentation. Works with major commercial builders across SEQ. Notable projects include Pacific Fair, Robina Town Centre, Queens Plaza, and high-rise developments in Brisbane and Gold Coast.
$1.2M asking price on $2.59M revenue and $950K PEBITDA. That's a 1.26x payback on current earnings. Trade and construction businesses typically sell at 2-4x SDE — this is priced to move.
Revenue has nearly doubled in three years while gross margins expanded from 34% to 44% — this business scales.
Revenue FY21: $1,323,360 | Revenue FY22: $1,892,901 | Revenue FY23: $1,898,216 | Revenue FY24: $2,585,499 | COGS FY24: $1,449,011 | Gross Profit FY24: $1,136,488 | Net Profit FY24: $927,101 | Owner wages FY24: $54,200 | Total addbacks: $22,725 | PEBITDA FY24: $949,826 | Bookkeeper: $23,000 | Foreman 1: $120,000 + Super | Foreman 2: $85,000 + Super
You could try to replicate 19 years of brand equity, builder relationships, and trained teams. Or you could buy it.
These are opportunities mentioned in the IM that a new owner can unlock.
At current earnings, this investment pays for itself in under 16 months. Compare that to residential property (3-5% yield), the ASX (8-10% average), or a term deposit (4-5%). This is a 76% annual return on an established, growing business with trained teams and 19 years of brand equity.
Contact the broker to register your interest and ask any initial questions.
Sign a confidentiality agreement and receive the complete Information Memorandum with full financials.
Meet the owners, see the operation, and get answers to your detailed questions.
Submit your offer with a 10% goodwill deposit. Due diligence period follows.
Get the detailed financials, full P&L, staff details, and everything you need to make a decision.
Businesses with this revenue profile and growth trajectory typically attract multiple enquiries. Register your interest early.