Established Supplier to Bunnings, Organic Waste Recycling Industry

Bs148930, Gin Gin QLD 4671

$1,000,000

BusinessSize: n/a
Business ID: BS148930

FY21 EBITDA $340K

Currently located in Central Queensland this 19 year old industry leading business will need to be relocated on sale, and can be operated from small holdings of around 3 acres in size.
The business breeds 5 types of worms used to recycle organic waste to produce rich soils for the production of healthy fruit and vegetable crops, flowers etc
With many families now looking at living more eco-friendly and healthy lives, sales of the company’s key products have continued to grow through an annually renewable Sales Agreement with Bunnings and via online sales direct to homes / farms etc.

-Eco-Friendly business
-Can be added to an existing hobby farm etc to increase income
-Only one major competitor in Australia
-Products can not be imported from overseas

The owner envisages that it will take up to 6 months to fully establish the business on a new property and will provide his expertise during this time to assist the new operation to achieve current levels of production.
Some consideration to defer some of the payment until the new farm is operational will be provided.

With a long established (11 years) supply agreement in place and little local competition, the business is well positioned for further growth especially as more and more people look to move away from the cities to live a more sustainable lifestyle.
We believe this business would be a perfect addition to an existing landholder looking to generate more income from his/her property.
Alternatively the business may also appeal to someone already working in this industry to add complimentary products to their portfolio or take over a significant portion of this current market.
The owner will include an appropriate restraint of trade in the Contract of Sale.

Asking Price : The business is available for sale for $1m plus SAV

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Key details

Property type:
Business

Other Details

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SummaryMedian sales
Average Age
53 years
Population
1,139
Listing ID: 180578911. This listing has been viewed 4 times. It was first displayed on 28/04/2022 and last updated on 28/04/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.