Freehold Landscape Supplies Under Management!
Business Sold Newcastle, New South Wales 2300
Business Category Hardware Lawn Mowing Mobile Services
SOLD
Description
Freehold Landscape Supplies Under Management!
One of the best landscape supplies businesses you will find has finally come to the market. This family-owned independent opportunity will tick all the boxes. The business is growing with strong financials, the owners have a manager and team of staff taking care of daily business, the assets worth over $380,000 are included in the price as is the extensive freehold property.
The business provides bulk and other landscape supplies and serves the Lake Macquarie, Newcastle and Central Coast areas with sales about 85% retail and 15% trade. Pick up or delivery.
With an adjusted net profit of $520,000 (for EOFY2023) and the business part of the sale listed for $1,550,000, this provides a return on investment of 33%.
The business pays rent of $107,000 and with the freehold property listed at $2,000,000 this provides a yield return of 5.3%. If you cannot afford the property or are not interested a long term lease of 5x5x5 can be provided.
This is a turn-key, efficient and effective business that will get attention from many buyers.
According to IBISWORLD the SME Landscaping Services Industry is projected to benefit from improving demand conditions over the next 5 years. Industry revenue is forecast to rise at an annualised 1.4% over 5 years through to 2026 to $4.5 billion.
KEY SALE HIGHLIGHTS INCLUDE:
EOFY2023 Revenue over $3,400,000
Included assets worth over $380,000
Freehold property component is $2,000,000 (with the business paying $107,000 net rent)
The business component is $1,550,000 (with an adjusted net profit of $520,000)
Stock at cost (in addition to the business price) is up to $250,000 approximately.
Run under management with the owners having little input or involvement
If you are interested in finding out more about this quality opportunity, please email complete the confidentiality agreement by going to our website XXXXXXXXXX , email the exclusive selling agents XXXXXXXXXX call the managing business broker Shane Fox on XXXXXXXXXX .
The business provides bulk and other landscape supplies and serves the Lake Macquarie, Newcastle and Central Coast areas with sales about 85% retail and 15% trade. Pick up or delivery.
With an adjusted net profit of $520,000 (for EOFY2023) and the business part of the sale listed for $1,550,000, this provides a return on investment of 33%.
The business pays rent of $107,000 and with the freehold property listed at $2,000,000 this provides a yield return of 5.3%. If you cannot afford the property or are not interested a long term lease of 5x5x5 can be provided.
This is a turn-key, efficient and effective business that will get attention from many buyers.
According to IBISWORLD the SME Landscaping Services Industry is projected to benefit from improving demand conditions over the next 5 years. Industry revenue is forecast to rise at an annualised 1.4% over 5 years through to 2026 to $4.5 billion.
KEY SALE HIGHLIGHTS INCLUDE:
EOFY2023 Revenue over $3,400,000
Included assets worth over $380,000
Freehold property component is $2,000,000 (with the business paying $107,000 net rent)
The business component is $1,550,000 (with an adjusted net profit of $520,000)
Stock at cost (in addition to the business price) is up to $250,000 approximately.
Run under management with the owners having little input or involvement
If you are interested in finding out more about this quality opportunity, please email complete the confidentiality agreement by going to our website XXXXXXXXXX , email the exclusive selling agents XXXXXXXXXX call the managing business broker Shane Fox on XXXXXXXXXX .
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
