Business For Sale. Unique Opportunity In Civil Engineering

This business is in the Civil Engineering, Building and Demolition market.

It is being sold as a shelf company, with no debt, no assets and no staff. Once bought, a buyer can operate the company as project management (currently) or as a contractor for construction work.

This enables one to build a company to suit your needs.

The business started end 2009 till present, with the same owner . The business currently operates by tendering on construction projects and then subcontracting the work. It applies a mark up on tendered rates and incorporates a management fee on the tendered contracts.

These projects can run into the billions of rand. The business tenders to government and private sectors in the field of Civil Engineering, Building and demolition. There are various fields of engineering that can be tendered on; infrastructure, services, building and demolition.

The business has currently completed projects to the value of R5m, R8m and R45m in Civils projects and R4,5m in Demolition.

The business is affiliated with tender notification web sites and as a vendor (or supplier) to government organisations. The business does not have a website or advertise through yellow pages.

Turn over can be accessed via the account records. Figures supplied are based on the period 01/03/2012-31/07/2012.

Your ability to tender successfully will ensure continuous work and getting a higher BEE grading (black empowerment) covering the government projects. Government requires CIDB grading to qualify for tendering.

What is CIDB?

The Construction Industry Development Board (CIDB) was established by Act of Parliament to promote a regulatory and developmental framework that builds:

â?¢ The construction delivery capability for South Africaâ??s social and economic growth.
â?¢ A proudly South African construction industry that delivers to globally competitive standards.

The current CIDB rating will enable the business to tender up R4m (CE4) for civils and demolition. The current CIDB gradings are as follows:

CE (4) for Civils,
GB (1) for Building and
SE (4) for Demolition.

CIDB levels enable you to tender up to a value; Level 4 is up to R4m, level 6 is up to R13m and Level 7 is up to R40m. Details are available on the CIDB website. http://www.cidb.org.za/default.aspx

Construction plays a vital role in South Africaâ??s economic and social development. It provides the physical infrastructure and backbone for economic activity. It is also a large-scale provider of employment.

This is a good opportunity for someone with a degree and with cash resources. It is a unique sale allowing tendering to start immediately. The buyer will not inherit staff, debt and hire purchase that would include cash flow from day one.

The buyer will be able to choose his/her specialized line of work from civils to building and demolition. The business can be relocated anywhere.

The seller who does not have time to run two companies is consolidating. The selling price is R5million and the seller is open to offers.