Business Valuations in Western Australia
Independent valuations for trade, civil and field-service businesses across Western Australia, including remote and regional operations, delivered remotely.
Valuing trade businesses in Western Australia
Green Standard has no offices in Western Australia. Every engagement is delivered remotely through online intake, a secure client portal and phone and video calls, at the same fees as everywhere in Australia, which suits a state where owners and sites can be hundreds of kilometres apart. This page covers regulation and regional Western Australia. For the Perth market, see business valuations in Perth.
The Pilbara, the Goldfields and the Mid West are built around iron ore, gold and other mining, and trade businesses there often work on or near sites, sometimes from camps or on fly-in, fly-out rosters. Revenue is tied to project budgets and to the contracts and panels of a small number of operators, and the cost of remote operation, including travel, accommodation and freight, is high. A valuation looks at how much of the margin survives those costs and how easily a contract could be lost or re-tendered.
In the Wheatbelt and the Great Southern, agriculture drives demand for fencing, earthmoving, bores and water infrastructure, farm electrical work and machinery servicing, with timing set by the seeding and harvest seasons. A good season lifts spending and a poor one cuts it, so we look at revenue over several years and at how much work depends on a few large farming operations.
The South West, with Bunbury, Busselton and Margaret River, combines housing growth, holiday homes, wine and tourism. Its trades work in a different market from the remote north: more residential, more seasonal and more dependent on repeat private customers. The Kimberley and the far north add heat, wet-season access problems and distance.
Across regional Western Australia, the owner is often the only licensed tradesperson for a long way, and staff are hard to recruit and keep. A buyer will want to know whether the business works without the owner and whether the team will stay, and the valuation looks at both.
What transfers, and what does not
Trade licences are issued by each state and territory. Whether a licence can pass to a buyer affects how much of the business transfers with a sale.
Building and Energy
Building and Energy is the Western Australian regulator for electrical, gas, plumbing and building services occupations, including licensed electricians, gas fitters, plumbers, builders, building surveyors and painters. Licences and registrations are held by individuals and companies and do not pass to a buyer with the business.
Plumbing licensing
The Plumbers Licensing Board issues plumbing contractor and tradesperson licences, with Building and Energy administering the system. A plumbing business should be able to show which licence classes it holds and who holds them.
Buyers from other states
A buyer from another state would generally need to obtain Western Australian licences in their own right, although mutual recognition arrangements may assist. That is for the buyer and the regulator to settle, but it affects the likely buyers and how we assess transferability.
Industries with particular weight in Western Australia
Also see
Valuations in Western Australia
Do you need to visit our remote site or depot in Western Australia?
Not normally. Documents are uploaded through the secure client portal and interviews are held by phone or video. A site visit can be arranged where an engagement needs one, and it is priced in writing before it goes ahead.
Our crews work fly-in, fly-out rosters. Does that change how the business is valued?
Yes, because roster-based work has its own costs and risks: travel and accommodation, roster-driven wages and allowances, and dependence on the client’s site. We examine the margin after those costs, the contract terms and how likely they are to continue, and whether the business could earn the same revenue with local staff.
How do you treat plant that sits on remote sites or is hired out?
We confirm which plant the business owns, what is hired in, and where it is located and working, because idle owned plant or heavily used hired plant affects the earnings a buyer can expect. A plant schedule with registrations, hours and finance owing is the most useful starting document.
Start with a short intake. We confirm the fee and scope in writing.
An Independent Business Valuation is $1,995 + GST, with a draft before the report is finalised. Typical turnaround is 3 to 7 business days once all required information has been received.