Freehold Landscape Supplies - Newcastle area

Price: This business is already sold

Key Sale Highlights

The business part of the asking price is $950,000 (plus stock at cost estimated at up to $60,000)
The freehold property part of the asking price is $1,600,000
The EOFY2022 year to date financials are up again on last year
The sale includes an extensive fleet of tippers, bobcats and equipment
The location is in the Lake Macquarie area - 25 minutes from Newcastle

Proudly listed by Shane Fox

Business Overview

This business and freehold property is on the market for the first time ever! The current owner has had this business for over 35 years and now looking to retire. The sale includes the reliable and well-known business plus the exceptional property which makes a total return to the owner of approximately $530,000 based on EOFY2021. The business typically trades just 5.5 days per week with 80% of sales to homeowners, trades and organisations who purchase bulk and bagged landscape supplies plus landscaping materials. Approximately 20% of sales are quoted and built landscape projects (non-structural type works usually) where a builders or equivalent contractor licence is required. This is a very high margin business with no wholesale sales.