30 Willowmavin Road Kilmore, VIC 3764

>> NOW SOLD <<

Located just north of Melbourne in the flourishing township of Kilmore, 48km* from Campbellfield and Melbourne's Ring Road, Northern Garden Supplies is a well-established highly profitable "freehold" garden and landscaping supplies business available on a WIWO basis.

• Broadford - 12km*, 10 minutes.
• Wallan - 15km*, 15 minutes.
• Lancefield - 23km*, 19 minutes.
• Seymour - 37km*, 26 minutes.

Strategically positioned within Kilmore, the Mitchell Shire region is expected to grow by more than 126,572^ people between 2021 and 2041, nearly triple the number of residents today. As a consequence, Northern Garden Supplies is primed for significant business and profit growth over several decades.

To view population forecasts for Mitchell Shire and Kilmore >> https://forecast.id.com.au/mitchell/population-summary

The highly profitable business is available on a WIWO basis and includes a fully developed industrial site, zoned Industrial 1, of approximately 4,632m2*.

Profit and loss for 2023 shows a gross profit margin of 42.8%* on cost of goods sold and EBIT of 36.6% * of gross profit.

• Highly profitable established garden & landscape supplies business
• Endorsed permit for concrete batch plant.
• Concrete batch plant on site, ready to be erected.
• WIWO includes a fully developed retail site Zoned Industrial 1
• Established book of regular retail and trade customers
• Strong balance sheet with accurate P&L and depreciation schedules
• Strategically located in Kilmore, northern fringe of Melbourne

With easy street access, the site features a significant showroom, office complex, undercover shedding and hard stand area with loading bins for landscaping aggregates, soil, bark and mulches.

With a rich foundation upon conception, Northern Garden Supplies has become a trusted destination for gardening enthusiasts and a growing book of local trades people. The business's long-standing presence in the community has cultivated a loyal customer base, while minimal competition in the region presents an advantage for continued success.

An ideal outer northern suburban base for an already established landscape supplies business, the WIWO acquisition of Northern Garden Supplies may also be the perfect opportunity for a trade person or landscaper to "get off the tools", or a building firm seeking to diversify business interests in the north.

Due diligence will show a highly professional and organised business. Access to Profit and Loss reports for the past two years and a thorough depreciation report will be made available post inspection.

For further information and to arrange an inspection by appointment only, please contact Brendan Woodley on 0419 544 364.

*Approximately. ^https://forecast.id.com.au/mitchell/population-summary