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Business ID BS143888

Leading Irrigation Business For Sale - Council Contracts In Place - Newcastle/Central Coast, NSW

3yr average income to working owner $300,000.

This business is regarded as the areas leading Sportsturf specialist and provides irrigation services for many sporting ovals for Councils in Newcastle, Lake Macquarie and the Central Coast.

The business has generated good levels of profit and this has allowed the owner to regularly update the machinery used. The equipment included in the sale is almost new with low mileage and operating hours.

  • Panel Period contracts in place with 3 Councils
  • Over $230K of excellent P and E included in sale
  • Ample work available for energetic owner looking to expand
  • Water Restrictions have created new opportunities
  • Long term experienced staff member in place

The owner is willing to provide a handover of up to 3 months to ensure the buyer is fully familiar with clients and the operation of the business.

The owner will retain some/all assets and sell privately and adjust selling price accordingly to suit the buyer.

This is a well established business with an excellent reputation and repeat customers who are reliable payers. The current owner typically works 7 am - 3 pm Monday - Friday only. This is an excellent opportunity for a hands on owner/operator looking to maximise the income available. It also generates sufficient profits for someone to manage the business and employ an additional person for the hands on operation of the equipment.

The goodwill and assets of the business are for sale for $470,000. Stock levels of pipework and fittings, pumps etc varies but can be around $30K in value. Stock will be valued and charged separately at time of sale.

Xcllusive Finance

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