Strong Growth Last 4 years, Turnover Circa $5mil, Asset Backed Asking Price.
The business has been established for many years and is an integral part of the local community. It is located in the Toowoomba region in Queensland, around 2 hours west of Brisbane. It provides high quality agricultural products and services to the surrounding districts and its customers include all types of farmers and lifestyle/acreage owners.
The business is being offered as a freehold business on an impressive 2 acre site in a prominent position. There is also potential for future development of the property.
Business Highlights
2023 revenue approaching $5 million
2023 Profit to Owner $225K (forecast)
Good team on board
Potential for further development on site
Property Yields around 9%
The asking price of the business is based upon independent valuations of the assets at $259K PLUS stock at cost (approx. $500K). In addition, the buyer will purchase the freehold property with an asking price of $599K.
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