Absentee Owner – Hydroponic Herb Farm

Davie, FL (Broward County)

Absentee Owner – Hydroponic Herb Farm

Asking Price:$2,000,000

Cash Flow:$345,475

Gross Revenue:$891,893

EBITDA:N/A

FF&E:$900,000

Inventory:$100,000

Real Estate:$1,500,000*

Established:1996

*not included in asking price.

Absentee Owner – Hydroponic Herb Farm

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Business Description

Herb Farm Supplying Big-Name Stores & Distributors for Over 15 Years!

This is a hydroponic herb farm founded in 1996 specializing in select herbs such as basil, arugula, mint, tomatoes, etc. The brand name has an exceptional reputation and long term relationships with big-name stores/distributors. The seller has invested years of experience in creating this hydroponic farm with the structures and systems in place which is now self-automated to the point at which the owner is now absentee-status. The seller is involved with a new investment which is consuming all of his time and capital. This is a great opportunity to expand the brand name with various other herbs, etc.

The farm is located on 8-acres of land on a main road close to business’s main customers. The real estate has been modified with all of the structures/systems in place at an initial cost of $1.4M. Owner is offering the real estate at $1,500,000 or lease for $10K/mth with the option to purchase. The real estate will serve as a high return on investment as the area is poised for future development with a resell in 10+years. Buyer is also free to relocate the assets/improvements anytime during the lease and not purchase the land.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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Chad B. Butler

Business Listed By:
Chad B. Butler

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