Overview
Bungendore Rural Services (BRural) commenced trading as Lake George Nursery in 1980 and was renamed and incorporated in 1989. The vendor business was originally started by his parents, but the vendor has worked in the business since 1982 from the ground up with the vendor now the Managing Director and owner of the business.
The business has been in the hands of the vendor's family since inception, and this is the first time it has come to market. The business is poised for substantial growth and the vendor is seeking expressions of interest from a strong established purchaser willing and able to take BRural to the next level.
Initially, BRural specialised in plants and horticulture with a strong landscaping arm. Over the years the business has grown and diversified to become a one stop shop for all farm, building and garden supplies to a large range of customers including government bodies, large and small landholders, contractors, and homeowners.
Selling Points
• A fully operational and systematised business with numerous unique selling propositions.
• The dominant business of its type in the Bungendore region.
• History of solid trading through all seasons and political climates including bush fires and the current Covid pandemic, largely due to its diversified product range which has been honed over the years to meet the demands of a growing community.
• A stable and experienced team of employees
• A long lease at fair market rent.
• All equipment necessary to successfully operate the business.
• Vendor's continued involvement in the business for a duration and role to be negotiated with the successful purchaser.
• Great market share with a significant customer database.
• Access to the Canberra market through existing contracts and accreditation held with the ACT Government.
• An approved DA allowing considerable expansion of the premises and a commitment by the vendor to undertake the expansion work within an agreed timeframe following the successful sale.
DA Approval
With the continued growth of Bungendore and surrounding regions BRural has undertaken a 2-year process of obtaining DA approval to allow an expansion of the premises to accommodate this growth.
• An increase in the current retail offer from 706.9m2 to 1,495.9m2;
• a new, highly visible portico entrance way;
• Australian Standard approved fire suppression including storage tanks, pumps and hydrants;
• seal for all high traffic surfaces within the yard with concrete or bitumen, excluding the landscape yard (to allow turning of large vehicles without pavement damage). This will dramatically reduce dust and mud on the site;
• an upgraded traffic management plan within the yard to allow a higher volume of traffic without compromising safety and provide greater ease for customer to access products;
• a single point of exit for the bulk materials yard which the new owner may choose to be fitted with a boom gate;
• improved stormwater drainage on the site, removing mud and pools of water;
• a purpose-built undercover bulk storage area for palletised product and building materials such as timber and gyprock;
• the bulk storage area will be separated from the retail space by a full height internal wall, sealing out dust and noise for a cleaner, easier to maintain retail environment;
• a purpose-built goods received station will streamline the entry of product into the store, keeping it separate from customers. This will incorporate a dedicated customer order storage area, close to the retail POS stations to allow quick and efficient fulfilment of customer orders;
• installation of roller doors on the large rear storage shed to protect stock stored in this area and provide a cleaner more professional look;
• completion of the vehicle wash down bay and trade waste disposal system to allow environmentally responsible cleaning of company vehicles and customers equipment in for service or repair;
• installation of additional onsite storm water storage tanks and pumping system to utilise rainwater for non-potable irrigation, toilet flushing and vehicle wash down;
• installation of a Tesla Power Wall to complement the existing solar panels and provide night-time power for operation of lights, servers and refrigeration. This will also supply emergency power in the event of blackouts, enabling the business to continue to trade.
The profitable business is being offered to the market as a going concern at $795,000 + SAV which includes equipment and vehicles necessary to operate the business Stock is approximately $1,200,000.
Like More Information - Confidentiality Agreement
To release further details about this business a confidentiality agreement must be completed - takes about 1 minute. This can be done by following the instructions below:
1) Go to http://www.xxxxx-rural-services.html
2) Click on the "Enquiry" button at the bottom of the screen
3) Enter your details, including something in the comment area and click "Submit"
Due to the level of the asking price, we will kindly require further details from buyers to confirm they have access to this level of finance to fund the purchase of the business before further details are emailed out. Once the confidentiality agreement is completed, I will give you a call to discuss further.
