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Humphries PTY LTD

Humphries PTY LTD

$8,500,000 WIWO for the business + $2,800,000 for the Freehold Property
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About this opportunity

An exceptional opportunity exists to acquire a well-established, profitable sand and gravel business with transport and earthmoving on the coast of North Queensland. With over six decades of operational history, this family-owned enterprise has evolved into a significant regional player with approximately 17 staff and an extensive fleet of specialised vehicles and machinery.

The business delivers consistent profitability through diverse revenue streams including transport services, earthmoving operations, cartage, high grade sand and gravel supply, and water delivery, all supported by valuable assets including Department of Natural Resources and Council-approved sand leases, specialised equipment, and purpose-built facilities.

Business Story

The business has strategically developed multiple complementary service lines that provide revenue diversification and operational synergies. This balanced portfolio ensures stability through economic and seasonal fluctuations, with different divisions often experiencing countercyclical demand patterns.

The transport division provides reliable, efficient haulage services to a diverse client base. With decades of experience navigating the unique challenges of North Queensland terrain and weather conditions, the business has become the preferred provider for critical and time-sensitive deliveries. 

The company has established itself as a reliable earthmoving contractor in the region. At times the business has undertaken complete projects but typically provides support for site preparations to major commercial developments and infrastructure works. Their expertise in excavation, site leveling, and material management is highly regarded throughout the area.

A significant competitive advantage lies in the company's Department of Natural Resources and Council-approved sand leases at two strategic locations. These leases provide access to the highest quality sand resources available, as verified through independent accredited testing. This premium product meets rigorous testing specifications and is sort by large scale providers for use in concrete batching, pipe laying, slab construction, trenching and block laying.

Operating under a domestic water carrier license, the business provides essential water delivery services throughout the region. This service line becomes particularly valuable during dry seasons and drought conditions, providing counter-cyclical revenue streams. 

Significant revenue is generated through agreements with Wilmar to provide essential services during the crushing season. These mills depend on these services to maintain operations for a period of approximately six-months. Plant hire and bagasse cartage services operate on a continuous 24/7 basis during the crushing season, which is critical to mill functionality.

With a strong commitment to exceptional customer service, this business is seeking a new owner who shares a passion for maintaining a well-established, turnkey sand and gravel business with transport and earthmoving operation with an excellent reputation. The current owners will also provide thorough training on day-to-day operations, technical details, and the full range of services offered during the handover process.

As expected from a business of this calibre, it is well-established, organized, and has the potential for efficient management by new owners. Additionally, the Business Sales Group Network offers access to motivated finance brokers, providing tailored finance packages to interested buyers. We are here to support you every step of the way in exploring this exciting business opportunity.

Why should you consider this opportunity?
  • Well established since the 1960’s
  • Turnkey operation
  • Diverse income streams providing stability
  • High grade sand leases in place
  • Extensive list of well-maintained plant & equipment ($5.5m)
  • Great reputation
  • Loyal client base
  • Multiple preferred supplier arrangements 
  • Solid vendors including government and public
  • Great reputation
  • Well respected in the community
  • Provides exceptional customer service
  • Well-presented business
  • Potential for expansion
  • Easily run
  • Experienced staff
  • Suited to buyers in construction, resources, or logistics sectors  
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Our People

Denny Leet
Denny Leet Principal | Senior Broker | Licensee 0409 639 366 View Profile
Phil Dodds
Phil Dodds Business Broker | Licensed Agent 0428 674 486 View Profile
David Muir
David Muir Network Connector 0450045373 View Profile
Arley Leet
Arley Leet View Profile