Irrigation and Rural Supplies Retailer – Mt Compass , , ,

Category: , , ,
$ 450,000
$450,000 + SAV approx. $250K 

Description

Turnover $1.5 – $2.2 million – Opportunity to Buy the Premises 

Located in Mt Compass – the heart of South Australia’s thriving Fleurieu Peninsula – this business is positioned to achieve maximum visibility and access for local clientele and passing traffic. 

Established as a ‘One Stop Shop’ for rural landholders, the business has developed an excellent diversification of products and services and has a well-established client base. 

Sited on the main route from Adelaide to Victor Harbor and Goolwa, it has also supplied and installed several major turnkey irrigation projects in the area, including solid set and pivot irrigation. 

  • Established by current owners in 1993 – operated from current location since 1996 
  • 58 km from Adelaide CBD – 25 km from Victor Harbor  
  • Irrigation, pumps, rural supplies (including fencing / animal health) + Husqvarna dealership  
  • Average Profit last 3 years (PEBITDA) $237k 
  • Client base is local community + landholder (graziers, dairy farmers, grape growers and hobby farmers) from combined Fleurieu region and passing clientele 
  • Good access to major arterial roads – Over 11,000 vehicles pass the property daily 
  • Only one other rural merchandise store in the town – Nearest pump/irrigation store is 22 km away 
  • Member of National Rural Independents (buying group) 
  • Substantial investment in website and online store – https://www.hri.net.au/ 
  • Premises: Land – 4,514 sqm, Buildings – 1,081 sqm (2 sheds comprising the showroom and warehouse/workshop) 
  • Sale covers all equipment – including forklift plus SAV approx. $250k 
  • Vehicles by negotiation 

With the option of leasing the premises for $65,000 pa – or possibly buying the property, this is an excellent opportunity for a person or company already running a similar business and looking to expand their footprint. 

It would equally suit a family or partnership looking for a well-established business to take to the next level. 

There is potential to further grow the turnover by expanding into the ag chem, seed and fertilizer sectors – and boosting online sales through website marketing. 

Price: $450,000 + SAV approx. $250K 

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State

  • State: South Australia