Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
With approximately $3 million in annual sales, the business provides a comprehensive range of irrigation systems, water pumps, garden lighting, water filtration and associated outdoor water solutions. In addition to retail sales, the business provides design, installation, servicing and repair solutions across residential and commercial applications.
The business has been under the current ownership for approximately 23 years and has developed an established presence in the Melbourne market, supported by experienced staff across both locations.
A dedicated full-time team member manages quoting across the two stores, while four experienced team members undertake servicing work, providing an established operational structure for an incoming owner.
The business trades Monday to Friday from 7:30am-4:30pm and Saturday from 9am-12pm, with Sundays closed.
The two locations provide exposure across Melbourne’s south-eastern suburbs, while the combination of product sales and ongoing service work creates multiple revenue streams.
The owner is now looking to retire after more than two decades in the business, presenting an opportunity for an experienced operator, industry participant or strategic buyer to take over an established operation with significant existing infrastructure and market presence.
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or chris@absolutebb.com.au.
Ref: B15147
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