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Vegetable Farm Investment Opportunity in Wellington, South Africa

Agricultural farm in South Africa is searching for investment to start activities.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Farms
Locations  Wellington
Local Time 7:44 PM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 900 thousand for 60.0% stake (Native Currency: ZAR 17,500,000)
Reason: To start operations.
Includes physical assets worth USD 1.3 million
Documents
Document
Business Overview

- This is an agricultural farm that is yet to start operations.

- Plan is to start production of vegetables, citrus orchards, and table grapes. All 3 options will start by the year 2020.

- The produce will be exported.

- Will help generate employment for many people in the area.

Products & Services Overview

Vegetables.

Citrus orchards.

Table grapes.

Facilities Overview

BUILDINGS.

Farm house, farm manager house, 5 staff cottages, 5 farm outbuildings of +- 2300 m2.

WATER SUPPLY:

Irrigation water is supplied by two large farm dams, which are both equipped with pumps and filter stations, as well as water from any one of five very strong boreholes. Drinking water is drawn from one of the boreholes. Volume of water that can be lawfully used for irrigation on the properties is: 760 980 m. Total storage capacity in two dams on is: 108 000 m (Dam D1) and 42 000 m³ per annum.

Water supply of each borehole was tested between 7 – 8 hours.

Borehole 1: 51200 L, borehole 2: 41800 L, borehole 3: 31300 L, Borehole 4: 12800 L, borehole 5:28300 L.

Permissible water supply on the farm, lends itself to develop 110 ha under citrus and table grapes, and 28 ha under fresh produce under permanent irrigation.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, New York, Financial Advisor connected with the Business
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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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