Nursery has potential for growing its product range
A wholesale nursery in Manawatu which produces container-grown ornamental trees, native trees and shrubs is for sale for $1.475m plus SAV.
Sunshine Environmentals’ main market is garden retailers, including both chain stores and independent centres. They also supply landscapers, councils and other nurseries.
The business, at 75 Pinfold Rd, Aokautere, was established in 1975 by the previous owner who operated it until selling it to the present owners in 2005.
The business is being sold by ABC Business broker Martin Sargent, who says Sunshine Environmentals offers prospective buyers a strong business with very good returns.
“The business has produced consistent profitable returns year on year and 2019 has proved to be a year that has produced returns well ahead of budget,” said Sargent.
The business is offered with a longterm lease arrangement, however there is the additional opportunity for a prospective buyer to negotiate purchase of the property.
The business was relocated to its present site in 2009, which enabled the owners to modernise growing systems and equipment and to create a more efficient operation on a larger site with better infrastructure.
The current owners have been involved in the nursery business for the last 25 years.
As a specialist grower Sunshine Evironmentals “own” the climber market and have a profitable niche market from which to offer a wide range of add-on lines to a loyal and long-standing customer base.
They also offer exceptional service to support this, along with a quality product, said Sargent.
He sees lots of potential to grow the product range, especially in categories with growing demand such as flowering shrubs, perennials and native plants.
The company’s reputation enables them to achieve good margins and high turnover.
“The business is well positioned to take advantage of a nationwide shortage of native plants. Demand is well supported by environmental initiatives, Government policy and a need for revegetation of vast areas of the country to meet climate targets.”
The nursery industry in New Zealand is in a growth phase, supported by strong construction activity and the need for “massive” increases in the production of native plants.