83 Burton Road, Birdwood SA 5234

Blumberg Flowers
CHRYSANTHEMUMS
AN ICONIC BUSINESS

TODAY CASH FLOWS ARE UP - CORRESPONDINGLY PROFITS ARE UP - CAPITAL VALUE REDUCED BY $600,000.00 - TO ONLY 3.9 MILLION DOLLARS

WALK IN WALK OUT SALE INCLUDING NON FIXED PLANT AND EQUIPMENT PLUS DELIVERY VEHICLES AND $500,000.00 (plus) of "rolling flower stocks".

The current owners have successfully built up what is the largest Chrysanthemums farm in South Australia.

The word iconic cannot be overstated as there is strong acceptance of this flowering plant of which symbolizes wealth, good luck, longevity, joy, optimism and happiness in Eastern Cultures. The belief that the vibrant colours and radiant petals symbolize the sun often representing a life force of spiritual core. Furthermore the Chinese within the Feng Shui principles/ beliefs - Chrysanthemums are associated with longevity and endurance, also said to bring happiness and good luck to any environment.

Having said that 60% of the output is sold through two Adelaide Wholesalers. The remainder through Interstate Outlets in Melbourne, Sydney & Brisbane. There are certainly further opportunities.
The last 6 months of trading, together with the appropriate adjustments made in the Accounting disciplines of Profit and Loss - yields on 3.9 million dollars are at a reasoned 10%.
Wages include the Proprietors income - The Vendors are retiring - in doing so they acknowledge that wages could be reduced, however the Vendors prefer the status quo at the moment.

Yields can easily be further increased as follows

Cash Flow No. 1 - Existing business, particularly with wage adjustments.

Cash Flow No. 2 - There is plenty of scope for 12ha-16ha (30-40 acres) to grow native flowers. Notably the water licence is onsite and existing building infrastructures could be further utilised.

Cash Flow No. 3 - The planning approved Workers Accommodation, plus existing house - enhance negotiated rental income / wage adjustments

Summary

There is obviously plenty of scope for enhanced income together with strong up lift in yields for the capital value investment.

Conclusion

This notable business icon has strong undeniable market acceptance - a new Proprietor (acknowledged by the current Proprietor) can take this business to a new and much higher levels of profitability and business returns.

OVERVIEW
Today Blumberg flowers offer a very modern efficient system of producing, growing plants year-round. It follows that the 'rolling stock' value at any one time is well in excess of $500,000.

A total undercover area of 1ha - 2.5acres (Inclusive of the glasshouse). Each zone has 16,000 plants
• 448,000 plants @ $1.20 each = $500,000

The propagation plants in the 5 section Glasshouse has an overall area of 40m x 30m approximately. 5 sections provides for 35,000 mother plants. Every mother plant offers 1.1 stems @ $2.00 each.
• 35,000 x $2.00 = $ 70,000
• TOTAL STOCK - $570,000

A Dutch concept farm, with all the growing beds providing inbuilt facilities together with drip feed irrigation and heating pipes for winter warmth and all year-round production.
There is also an enclosed Greenworks fogging system and night lighting also initiates and stimulates plant growth.

Since the property purchase the flower growing complex has been retro fitted and automated, computer controlled/managed (Privia System).

Integral systems include
• The Leperdi conveyor belt system which brings the cut plants (overhead) right into the huge packing shed.
• The Vandenberg Blokker Hollard system has been modified (for operational simplicity). The plants are placed on the ground level conveyer system (Aurora Nova grading packing system), whereby the said flowers are then sorted into bunches for the local and interstate wholesale and retail markets.

The automatic fertigation is driven from a fully integrated Priva Fertigation - Nutri Jet Priva Integro system.

The huge packing shed overall area 24m x 27.6m (overall) x 6.7m high being linked to the Besser block dedicated office area, plus the staff lunchroom area and the staff bathroom amenities.
There are also two huge cool rooms each 9.5m x 4.9m. There is another 3rd coolroom adjoining the glass house.

Behind the office staff amenities, the workshop is situated, together with further upstairs mezzanine storage. Adjacent are two more high gable modern colourbond sheds, one being 3 sided 9m x 12.8m, the other drive through (with roller doors at both ends) 5m x 12.8m.

The boiler room offers two systems for heating the entire plant portfolio/stock, one being a gas burner (Danstoker), the other a coal burner. Three large Elgas tanks offer plenty of standby gas storage, for heating and soil steaming,

Heavy duty 3 phase power has been distributed to the property, also in and about the infrastructure, there is also a modern auto 100KVA ABLE Diesel standby power plant.

SOLAR SYSTEM
kW - 120 Panel - 215 watts per panel. There are two systems, each system has 60 panels.
• 12.4kW per system (3 phase 4.3 kW per phaase - Total 24.8kW).

PROPERTY WATER DETAILS
The Water Account Statements from the Dept for Environment and Water, Water Licencing Branch, issued on 27 June 2025 for both ground water and surface water shows an abundance of water available for business expansion.

Water Licence Number: WL - 118295 - Total 62,840 kL - 62.8mg/L.

This year-round operation is not seasonal thus permanently enjoying weekly cash flows, a very important factor for business planning/banking/private cash flows. Immediate cashflow upon settlement.

Annual Rainfall

760mm p/a