Newly Established Vegetable Farm Investment Opportunity in Yeghegnadzor, Armenia
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | USD 156 thousand |
EBITDA Margin | 40 % |
Industries | Vegetable Farms |
Locations | Yeghegnadzor |
Local Time | 9:03 AM Asia / Yerevan |
Listed By | Business Owner / Director |
Status | Active |
- Location: The farm is strategically located in Yeghegnadzor, Armenia, providing access to both local and export markets.
- Capacity: the farm spans 55 hectares and boasts a staggering 17,000 trees, comprising apricot, peach, plum, grape, and apple varieties, indicating a diverse product range. Has 8,000 9-year apricot trees which tree can give 20 to 30 kgs of fruit.
- Sustainability: the farm is equipped with a 55 KW solar power system.
- Infrastructure: additionally, the business features a dried fruit facility, a vodka-making machine, and a storage fridge.
- Production: the farm produced 33 tons of fruits this season, resulting in a profit of USD 3000, despite the absence of chemical fertilizers, indicating a strong market demand and potential for increased profitability with optimized practices.
- Expertise: the promoter, with over 8 years of experience in agriculture and a parallel fertilizer manufacturing business, brings valuable industry knowledge and insights to the venture.
- Expansion potential: the farm exhibits strong growth potential, with the anticipation of doubling the harvest to 66 tons next year and a projected continual increase in subsequent years, positioning it as an attractive investment opportunity for future expansion and returns.
- Company was registered this year and does not need any other approvals for operation.
- Apricots.
- Peaches.
- Plums.
- Apples.
The fruits are either exported or sold in the local market.
- The rental is with an NGO and the negotiations took 2 years, now, we just got the land with a very strong official rental agreement. The rent is USD 250 per month and the owner has paid a 1-time fee of USD 15K. The rent is very low as the owner got the farm through his contacts.
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Earlier than 15 daysTechnical Specialist, Software, Automation, Engineering Fruit-conservation, Fire-prevention, Tbilisi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Waste Water Treatment Manufacturer, Ludhiana, Individual Investor / Buyer connected with the Business