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Grain Farms Company for Sale in Riga, Latvia

Business involved in grain cultivation and manufacture and sale of edible oils based in Bauskas.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 6.4 million
Run Rate Sales USD 6.4 million
EBITDA Margin 6 %
Industries Grain Farms + 1 more
Locations  Riga
Local Time 1:43 AM Europe / Riga
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: EUR 9,200,000)
Reason: The owner is retiring and wishes to sell the business. The advisor does not charge any fee from the ... View More
Includes physical assets worth USD 10 million
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Business Overview

- The business also exports its products to Italy, Germany and Poland.

- The sale of food oils brings in 40% of revenue, sales of grains bring in 30%, and the fodder business brings in the rest 30% of revenue in the business.

- Operating from land of 500 hectares and is located in Bauska region which consists of the most fertile of lands in Latvia. 300 hectares of land is owned and the other 200 hectacres is leased.

- There is a single owner for the business.

- Business hires full-time employees for its day-to-day operations.

Products & Services Overview

Food oils.

Natural colours.

Fodder.

Agricultural products.

Grain dryers.

Grain cultivation.

Assets Overview

300 hectares of property owned by the business, products, oil pressing machinery and equipment, production equipment, animal feed production line, tractors, and other business equipment.

The assets are valued at EUR 9.5 million but are being offered for EUR 9.2 million.

Facilities Overview

The business operates over 500 hectares of land in Bauska region, Latvia. 300 hectares of land is owned by the business and the other 200 hectare is leased.

Capitalization Overview

- There is a single shareholder in the business who has complete control.

- There is a credit line of EUR 2.8m.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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