$119,000 + SAV ($4,100 approx.)
ABL Agriculture was established in 1975 as Adrian March Fertilisers, before being taken over by the current owners in 2018. This stable business supplies the agricultural needs of farmers throughout the Upper South East and Southern Mallee regions of South Australia. The business is based in Coonalpyn, regarded as one of the state’s most reliable grain growing areas adjacent to the Coorong coastline, less than a two-hour drive from Adelaide on the Dukes Highway. The business provides quality services and products to a well-established client base, inclusive of bulk fertiliser distribution as an independent agent and rural merchandise as a sub-depot Platinum Ag Services a Nutrien Ag Solutions Partner.
The core of the business is in bulk fertiliser distribution onto farms. This is primarily focused on pasture topdressing and crop nutrition for broad acre, rain-fed agriculture. Rural merchandise is the second component of the business with agronomyand livestock advice provided directly to clients by Platinum Ag Services’ agronomists and animal health specialists. ABL Agriculture is not required to provide this technical advice but supports the management of product availability and distribution to farmers through the depot.
Melanie Winter 0408 085 932
|Goodwill including Plant & Equipment||$119,000|
|Stock at valuation (approx)||$4,100|
|Current Rent||$525.80 per annum incl. GST|
|Lease Commencement||1st August 1991|
|Lease Expiration||31st July 2022|
|Right of Renewal||Renewed annually|
|Outgoings||Paid by Tenant|