Internal Ref: 118241958
Summary
Kangaroo Valley Rural Supplies is a traditional mixed rural retail business selling farm, garden, hardware, camping and fishing supplies.
Location Details
2 Jenanter Drive
About the Business
The Phone Code for this property is: 57681. Please quote this number when phoning or texting.
Kangaroo Valley Rural Supplies is an independent family-owned business that has been operated by the same family for the past 28 years.
It is located in the village of Kangaroo Valley, which is two hours south of Sydney, an hour south of Wollongong and half an hour inland from Nowra and Berry.
Kangaroo Valley is one of the few fully enclosed valleys in the world and is known for the breath-taking beauty of its landscape with rolling pastures set against stunning cliffs and waterfalls. That, combined with a strong and thriving community creates a wonderful environment in which to live and run a business.
The Rural Supplies services a very wide variety of clients:
• people living in and around the village,
• the farming community,
• builders
• tourists
• the holiday accommodation houses,
• wedding venues,
• campers and
• fisherfolk.
The range of products reflects that diversity and includes, hardware, stockfeed, fertiliser, seed, electric fencing, plumbing supplies, firewood, bottled gas, fishing tackle, bait, camping stoves, cast iron cookware, cleaning products, toilet paper, roadbase, soil, sand … and the list goes on. It makes for a very interesting and resilient business. Over the 6 years 2018-19 to 2023-24 turnover increased by an average of 6% per annum despite some seemingly adverse conditions created by the fires, the floods, road closures, and Covid.
The shop comes very well stocked and has the business systems and supply chains in place that will enable the new owners to start trading on Day 1. There is a huge potential for growth that a person with fresh ideas can bring to the business.
The average annual turnover for the years 2021-22 to 2023-24 was $906,106 with a gross margin of 34% and a net profit in 2023-24 of $163,000.
The asking price is $215,000 + SAV (approx $280,000 - $340,000) and includes plant (Massey Ferguson tractor, 4WD Isuzu truck and a Mitsubishi forklift) and all physical and digital assets needed to run the business.
There are favourable lease terms up to 2033. The weekly rent is currently $700 + GST.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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