Drought Proof, Recession Proof, Booming Irrigation Business!

22 days ago

Private Seller

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Summary

Set yourself up for an amazing business future and incredible opportunity with this highly successful and multi-stream pump & irrigation retail, installation and service business.

Revenue

$4,500,000 pa

Rent

$60,000 pa

Expenses

$3,850,000 pa

Net Profit

$650,000 pa

Location Details

Greater gympie region
Our extensive retail store and service workshop is located in the heart of the GYMPIE CBD. We operate in approximately 60km radius around this site to install new irrigation systems, as well as repairing and servicing existing systems.

Potential

We have experienced enormous growth in the last 4-5 years as a business. This is due to a growing customer base in the Gympie region and our expansion into industrial scale commercial irrigation projects. There is significant opportunity to grow more into this type of work and to continue to improve how we manage the growing workload.

Skills

A good head for business, ability to manage cometing priorities and several different teams of staff. Pump & Irrigation knowledge is not essential and there is many training opportunities available, as well as a generoud handover/ transition proposal from the current owners.

Hours

Our business operates from Monday to Friday (7am - 5pm) and Saturday (8am - 12pm).

Lease

A new lease was signed in early 2023. It is a three year lease with a minimum three year option. Great landlord.

Employees

We currently employ 13 staff, including two part-time and one casual junior. Our staff has a high level of knowledge and experience and are an asset to our business.

Reason for Sale

The business is currently owned by a small group of family members. With the majority shareholder now retired and looking to vacate, the remaining shareholders have decided to move on at the same time.

About the Business

his is an excellent leasehold opportunity in the heart of the central business area of Gympie, Queensland. It offers multiple income streams, including:

+ domestic and rural pumping and irrigation retail store;
+ commercial agricultural design, supply and installation of pumping and irrigation systems;
+ workshop repairs and on-site service technicians;
+ fabrication of structural irrigation accessories onsite; and
+ ndustrial scale irrigation and plumbing solutions,

This family-owned business has grown from strength to strength and the satisfied customer based continues to grow with a rapidly expanding region.

Business highlights:

+ Highly profitable with stable annual turnover and consistent growth
+ Exceptional team of staff with valuable experience and expertise in their fields. We currently employ 13 fantastic staff members and are currently recruiting additional team members.
+ Great location in central business area of Gympie. Fantastic access to work yard for large trucks.
+ The high profile fully fenced tenancy includes a significant sales warehouse with several office spaces, and substantial workshop area for repairs and fabrication.

Trading hours are currently 7:00am-5pm Monday to Friday, and 8:00am to 12:00 on Saturdays.

Vehicles included:
o Toyota Forklift
o 6 utes included three fully kitted service vehicles and three rep vehicles
o Machinery Trailer – 3.5 tonnes

Agents for Pentair, Onga, Southern Cross, DAB, Lowara, Lorentz Solar, Franklin, Philmac, Silvan, Puretec, Rapid Spray, Plasson, Rodney Industries, BAR pressure cleaners, Bauer, HR Products, Trailco, Tankmakers and Rapidplas, and many more.

Other features of the business opportunity include:

+ Annual turnover in excess of $4.5 million with healthy profit margin
+ Broad, repeat customer base
+ Trading relationships in place with key Suppliers
+ Trained staff
+ Functional website and social media presence
+ Excellent business reputation
+ Ample customer and staff parking
+ Congenial landlord/ New leased sign at start of 2023

Customer base details

We service all pump and irrigation customers from residential pumps and garden irrigation, to agricultural and rural applications, travelling irrigations and industrial scale commercial irrgiation systems. We supply a premium range of pumping products but service and repair all systems on the market.

Why buy?

Cooloola Pumps and Irrigation is such a great business and investment opportunity because of the diversity and quality of products and services we can provide.

History

The business began with one of the current owners over 21 years ago, building a consistent business pressence in the Gympie Region. Two family members bought into the business in 2014 and since then we have relocated to a larger premises and have not looked back. By growing the team and expanding we have quadrupled the business since 2014 and continue to break our records in sales and numbers of customers we are serving. Whether in increasing drought or the infamous Gympie floods, our work remains constant and consistent.

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