Newly Established Vegetable Farm Seeking Loan in Sohar, Oman
Vertical greenhouse farming venture in Sohar, targeting both local and international markets, seeking funding.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Vegetable Farms |
| Locations | Sohar |
| Local Time | 8:24 PM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
390 thousand
for
9.0%
annual interest,
4
years
(Native Currency: OMR 150,000)
Reason: Seeking funding for procuring equipment, greenhouses and seedlings, licenses including exporting, hi...
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Collateral Available: USD 0
Includes physical assets worth
USD
650 thousand
Interested to connect with advisors
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Business Name
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Documents
Commercial Registration Certificate
(202.9 KB)
Business Overview
- Vertical greenhouse farming venture in Sohar, strategically positioned to cater to both the local and international markets for organic vegetables, fruits, and wheatgrass.
- The primary focus of the business is on producing and selling organic vegetables for the international market, leveraging the high demand for such products.
- In addition to vegetables and fruits, the business will also produce organic wheatgrass for livestock, catering to the growing demand for organic animal feed.
- The business plans to start with 3 to 4 1,000 m2 greenhouses, fully equipped and set up with the assistance of a reputable vertical farming supplier, ensuring efficient and high-quality production.
- The potential for revenue generation is substantial, with estimates suggesting an annual revenue in the million, reflecting the lucrative nature of the organic produce market.
- The global food shortage and increasing demand for high-quality organic produce present a significant opportunity for the success and growth of the business in both local and international markets.
- The primary focus of the business is on producing and selling organic vegetables for the international market, leveraging the high demand for such products.
- In addition to vegetables and fruits, the business will also produce organic wheatgrass for livestock, catering to the growing demand for organic animal feed.
- The business plans to start with 3 to 4 1,000 m2 greenhouses, fully equipped and set up with the assistance of a reputable vertical farming supplier, ensuring efficient and high-quality production.
- The potential for revenue generation is substantial, with estimates suggesting an annual revenue in the million, reflecting the lucrative nature of the organic produce market.
- The global food shortage and increasing demand for high-quality organic produce present a significant opportunity for the success and growth of the business in both local and international markets.
Products & Services Overview
Produce local and organic vegetables and fruits, herb plants for medicine making and also organic wheat grass for livestock that we can export as well.Will be supplying to local and export retailers and markets.
Assets Overview
Physical assets include the land owned for starting the business.
Facilities Overview
Own a 70 hectare farm which is ideal to set up vertical greenhouses in Al Jufrah Street, Sohar.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
There is 1 owner.
Recent Activity
-
Earlier than 15 daysBusiness Advisor, Muscat, Financial Consultant connected with the Business
Tags:
Newly Established Vegetable Farm Seeking Loan in Sohar, Oman
·Newly Established Fruit Farm Seeking Loan in Sohar, Oman
·Lend to Newly Established Vegetable Farm in Sohar, Oman
·Lend to Newly Established Fruit Farm in Sohar, Oman
·Newly Established Vegetable Farm Seeking Loan
·Newly Established Fruit Farm Seeking Loan
·Lend to Newly Established Vegetable Farm
·Lend to Newly Established Fruit Farm
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