Opportunities

Return to all opportunities

UNDER CONTRACT - Civil Construction Industry

Bay of Plenty

$Expressions of Interest - Bay of Plenty

#260121

detail

This business has been operated by its current owner for over 20 years but its origins date way back to the 1940's. It has come a long way since its inception and has built a reputation for excellence in the Civil Construction industry. Developments to date include upgrading and acquiring additional equipment to support a wider range of civil works such as:

  • Roading construction together with surfacing and Asphaltic concrete works
  • Track building
  • Plant hire

The business has continued to grow due to its flexibility and the capabilities of its people and machinery. This flexibility has allowed it to meet the continued diversified and growing demands of its clients for road surfacing in the construction industry. Growth has also occurred through increasing relationships with a wider client base by expanding on opportunities in the private and residential markets while continuing to support their existing corporate, local government and NZTA clients. The Government is supporting growth in the roading infrastructure which bodes well for the future of this business.

The business has a sound and robust management system in place including environmental management and health & safety. These provide a solid foundation to operate the business and a  platform to evolve the business further as required. They have a track record of excellence with a strong emphasis on safety, quality and productivity in all that they do. Some of their internal infrastructure developments include gaining and maintaining the key industry leading management systems of:

  • ISO9001 Quality Management
  • NZTA National Pre-Qualification approval Surfacing Level 2

Plant and Equipment

Specialist range of plant and equipment including:

  • Bitumen Sprayers
  • Specially built bitumen road tankers
  • Asphalt paver and roll spreader trucks
  • Cyclic maintenance trucks
  • Wheel loaders
  • Steel & pneumatic tyred rollers
  • Graders
  • Rotary broom sweepers and various support vehicles

The owner is prepared to provide an extended handover period to ensure a smooth transition. This is a business that would suit a variety of purchasers who are looking for a well established profitable business in the Civil Construction industry.

Net Surplus $1,038,000 EBPITD  F/Y June 2021


Contact: Paul Brljevich
Office: Tauranga

Confidentiality Agreement for Business Reference 260121, Broker Name Paul Brljevich

Between Tabak Business Sales and the Interested Party.  The Interested Party must be an individual's name, NOT a company name.

In consideration of Tabak Business Sales (being any or all of Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) and their respective business brokers) entering into discussions relating to the possible acquisition of the assets or shares of any business(es) presented to me by Tabak Business Sales and specifically the business referenced above, I/We hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party;
  3. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Tabak Business Sales;
  4. Not to make an approach to the Vendor of any business disclosed to me by Tabak Business Sales, or the business' staff, customers or suppliers without prior arrangement with Tabak Business Sales and to refer all queries through Tabak Business Sales;
  5. We acknowledge that Tabak Business Sales is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office;
  6. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to Tabak Ltd (Licensed under REA 2008) and/or Tabak Business Sales Limited (Licensed under REA 2008) as the case may be;
  7. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Tabak Business Sales against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach;
  8. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  9. If I decide not to proceed with the investment, I agree to immediately return to Tabak Business Sales all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  10. Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.
  11. Privity: For the purposes of Part 2, Subpart 1 of the Contract and Commercial Law Act 2017, the parties acknowledge and agree that the agreements and undertakings given by the recipient in this Confidentiality Agreement are given for the benefit of the Vendor and its related companies and representatives, and are enforceable at the suit of all or any of them.

Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser

  1. seeks legal advice.
  2. may or may need to seek technical or other advice and information.
  3. review Tabak Business Sales’ internal process in relation to any complaints.  A copy of these can be found here.
Mandatory Fields*