Agricultural fittings Wholesaler B2B Netted $2.968M for '24 for sale.
First time offered and an Industry Leader.
Overview: One owner, managed operation, with only 3 staff, Established 43 years!
Specialising in Agricultural pipes and fittings for farms, drillers, crops and livestock etc.
Financial performance: Sales for '23 '24 was $13M and netted the owner $2.968M.
YTD results show the business is on track to produce a similar/identical net for Y/E June 25.
Customer base: 85% of ongoing sales are to repeat ordering customers.
Low overheads with virtually fixed operational costs.
Attractive "retail" margins on most lines, especially speciality or exclusive lines and proprietary products.
This rock-solid business is a gem! The owner works just 25 hours weekly from his home office, while the depot manager is a loyal employee with 9 years of service.
Its customers are ever- increasing due to market pressures and population growth worldwide!
Secure long-term customers, most of which have been serviced by the business since inception due to quality products, professional and friendly service with on-time product deliveries.
No bad debts, stock control is software managed.
Sale details: To provide added buyer comfort, a vendor finance program for the stock is available.
Full verification of financials during DD. Working capital $250K required.
In addition to the business sale, the freehold is also offered for sale at $1.5M sworn valuation avail.
$6,500,000 + SAV $950,000
Gary Johnston 0411 598 801
