Critical Supplier to Australia's Agri-Business Industries
This established agricultural engineering company supplies a wide range of specialty hydraulic machinery predominantly to rural producers in agricultural and allied sectors. In particular, the company services wool growers, earthmoving, transport, cropping and hay contractors, crane operators, and the local government sector.
The company's extensive expertise is in hydraulics which means its customers are found in almost all agricultural areas throughout Australia and even overseas. The business is also a sales and service agent for imported and local machinery products.
As the business continues to expand, the company is moving increasingly to online sales, and today, this is a central feature of its operations.
Revenue for the business has grown steadily over the past five years, despite the agricultural industry's difficulties in the pandemic. This growth underpins the company's focus and adaptability in changing times and is evidence that this business will continue to have a strong growth future for many years to come.
The actual trading results for the last financial year (to June 30, 2021) having achieved gross sales of approximately $2.5 million, with vendor earnings for the year (PEBITDA) of $741,302. This represents a return on investment of approximately 37.1% and a payback period of approximately 2.7 years on this investment opportunity.
With the founders now preparing for retirement, the business is for sale for $1,200,000 plus Stock at Valuation.
For further information please contact Graham Jorgensen on
0476 173 111 or 03 9888 6488 or email
graham@wollermann.com.au
