PRECAST CONCRETE INFRASTRUCTURE MANUFACTURER: MURRAY–DARLING BASIN Regional Victoria VIC

30-Year Victorian Business · ~40% EBITDA Margin · Near-40% Margin · Delivering Nationally · Significant Untapped Upside

FY2025 REVENUE $4.38M
H1 FY26 ~$5.2M annualised
NORMALISED EBITDA $1.74M
EBITDA MARGIN ~40%
Exceptional for manufacturing sector

Established 1995 (30 yrs)
Staff 12 standing / 25 seasonal
Location Murray Basin, NSW/VIC
Price EOI - Contact Agent
P&E Value ~$1.18M
Stock (SAV) ~$750K–$1M at cost

Reasons to Act Now:

1. Consistent Earnings – Normalised EBITDA of $1.65M–$1.77M over three years with margins approaching 40%.
2. 200+ Proprietary Moulds – Significant barrier to entry developed over 30 years.
3. Defensible Market Position – Freight barriers and specialised irrigation infrastructure expertise.
4. Growth Capacity – Existing facilities can support increased production without major capital expenditure.
5. Government Infrastructure Tailwinds – Long-term water infrastructure investment across the Murray–Darling Basin.
6. Trading Revenue Opportunity – Discontinued product trading can be reintroduced by a well-capitalised buyer.
7. Strategic Acquisition Platform – Ideal bolt-on for civil, infrastructure and manufacturing groups.

Key Investment Highlights:

- 30+ years of operating history — and an established regional brand with deep customer relationships across irrigation authorities, civil contractors, and agricultural enterprises.
- Diversified customer base — top 10 clients represent 1.9%–4.5% of FY2025 revenue each. No single customer other than Murray Irrigation Limited exceeds 10%.
- Experienced management and workforce — directors with backgrounds spanning defence, rail, water infrastructure, airport construction, and major project delivery. Well above what is typically found in a regional business of this scale.
- Zero Lost Time Injuries record — and a third-party certified quality management system — a material credential for government and water authority tenders.
- Vendor transition support — up to 12 months available. Baseline of six months training with additional support negotiable. Designed to ensure knowledge transfer and customer continuity.
- Asset-rich platform — plant and equipment assessed at $1.18M (Slattery, 2019). Two Franna cranes, seven forklifts, crane truck and trailer, and 200+ product moulds included in sale.
- Freehold option available — the vendor is open to offers for the freehold of either the whole site (>55,000 sqm) or the company portion (~27,133 sqm).
- Current pipeline of $600K–$900K — providing immediate visibility for any incoming buyer into forward revenue.

Transaction Details:

Business structure: Precast concrete manufacturer — asset sale or share sale to be negotiated
Delivery: Regional Murray–Darling Basin and nationally
Site area: ~27,133 sqm (leased, ~48% of total site) · Freehold option available
Annual rent: $29,426 + GST (static for 5+ years) · 5 × 5-year lease options available
Standing staff: 12 (seasonal fluctuations up to 25)
Vendor support: Up to 12 months (negotiable) · Baseline of 6 months training
Price: Expression of Interest
Deposit: 10% on Agreement to Purchase
Due diligence: 30 days
Settlement: Within 60 days of signed Letter of Offer

How to Proceed:

To receive the full Information Memorandum, detailed normalised P&L with add-back workings, three years of financial statements, the Slattery plant and equipment report, and the organisational chart, prospective purchasers must:

- Execute a Confidentiality Agreement (CA) with Benchmark Business Sales & Valuations
- Demonstrate financial capacity to proceed
- Contact the exclusive agents listed below

EXCLUSIVE AGENTS

Ziggy Frankenfeld CA, RBV
Benchmark Corporate
M 0419 226 151
EM ziggy@benchmarkcorporate.com.au

Andrew Morris
Benchmark Corporate
M 0413 703 360
EM andrew.m@benchmarkcorporate.com.au