Landscape Supplies – under management with freehold property

Price: This business is already sold

Key Sale Highlights

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 is up to $250,000 approximately.
Run under management with the owners having little input or involvement

Proudly listed by Shane Fox

Business Overview

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 and the freehold property an option. 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 are not interested or cannot afford the property, 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 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 www.merchantbrokers.com.au , email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
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