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GLADSTONE, QLD
Underground Asset Management & Vacuum Excavation Business | $4M 2026 Sales | Under Management
QLD
Industrial/manufacturing · Building And Construction
$5,500,000
This is a rare chance to buy a highly profitable infrastructure services business with a strong position in regional Queensland. Founded in 2008, the business is a leading provider of underground asset management services.It runs from three branches across the Wide Bay & Central Queensland regions. Its name in the market is built on safety, compliance & quality work & it meets mine-site compliance standards.The business is fully under management. It has a skilled management team, trained field technicians & documented systems, so the owner doesn't need to be involved day to day. That makes it a good fit for a strategic buyer or an operator looking to expand into a new region.Strong, growing financials- FY2026 revenue: $4,013,663 & adjusted net profit: $1,607,327 (40% margin)- FY2025 revenue: $3,532,366 & adjusted net profit: $1,188,886- Revenue has grown more than 80% since FY23 Essential, non-discretionary services- Underground cable & pipe locating, including ground penetrating radar (GPR)- Hydro & vacuum excavation (non-destructive digging)- Surveying & underground utility mapping, as well as Fault finding & leak detection- Drain cleaning, pipe & culvert jetting, and CCTV pipe inspection- Equipment hire Blue-chip, repeat client baseThe business has been a preferred supplier for several years to local government, state road & rail authorities, energy & water utilities, major civil contractors & tier-1 mining companies in the Bowen Basin.Key highlights- 17 staff including experienced management, field technicians & administration support.- $2.5M modern fleet included in the sale, comprising vacuum excavation trucks, six GPR systems & fitted-out survey utes.- Three strategic locations across Wide Bay, Central Highlands & Rockhampton.- Flexible lease arrangements with related-party ownership; total rent of approximately $157K p.a.- Strong demand driven by safety requirements, infrastructure investment & mining, with limited major competition.- Significant growth potential through expansion into NSW & VIC, additional geospatial services & securing longer-term utility & major contractor contracts.Ideal buyerIdeal for a private equity group, civil/utility/engineering services business seeking geographic or service expansion, or an experienced operator seeking a profitable, established business with minimal owner reliance.Asking Price: $5,500,000 (includes approx. $2.5M of vehicles & equipment)For the full CIM,copy & paste the link to complete NDA - https://www.mbs-public.com/sczdfk7
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